Microsoft has reported a 7% fall in profit during Q2 2014.
The tech giant said profit during the March to June period was $4.6 billion, compared with $4.97 billion during the same period last year.
Microsoft said its Nokia division, which it acquired in April, lost $692 million.
Last week, Microsoft announced it would cut 18,000 jobs – the biggest round of job cuts in the company’s 39-year history.
“We are driving growth with disciplined decisions, bold innovation, and focused execution,” Microsoft CEO Satya Nadella said in a statement.
Satya Nadella said Microsoft is choosing to focus on revenues from the company’s cloud division, which he said were set to double to $4.4 billion this year.
Shares in Microsoft were mostly flat in trading after stock market hours.
kmFFNIhjFzAThe US House Ethics Committee has voted to release its report on former Republican Representative…
ABC News has agreed to pay $15 million to President-elect Donald Trump to settle a…
South Korea’s parliament has voted to impeach President Yoon Suk Yeol over his failed attempt…
Israeli war planes have carried out more than 100 air strikes in Syria on December…
President-elect Donald Trump has threatened to impose 100% tariffs on the BRICS countries if they…
Syrian troops have withdrawn from the city of Aleppo following an offensive by rebels opposed…
