REDMOND, Wash. — Microsoft Corp. reported fourth-quarter earnings that took a hit from the Nokia devices business that it bought in April, but the company said growth in Internet-based computing services to businesses boosted results.
Net income in the three months through June 30 fell 7 percent to $4.61 billion, or 55 cents per share, from $4.97 billion, or 59 cents per share, a year ago.
Microsoft announced last week that it is cutting up to 18,000 jobs over the next year, mostly related to Nokia.
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