8.6 million Lumia handsets sold by Microsoft during its fiscal third quarter
Microsoft announced on Thursday that it sold 8.6 million Windows Phone powered Lumia handsets during its fiscal third quarter (which is the calendar first quarter). That is an 18% increase in sales year-over-year. But on a sequential basis, sales were down by 18% compared to the prior quarter. That decline can be attributed to seasonal tendencies. In addition to its sales of Lumia smartphones, Microsoft sold 24.7 million feature phones in the quarter, a drop off from the prior year as non-smartphone sales continue to decline.
For the fiscal third quarter, Microsoft took in $1.4 billion in revenue from Lumia sales, a decline of 16% from a year ago. Microsoft said that the drop in revenue was due to a "higher mix of low royalty devices."
In addition, a strong performance by the Microsoft Surface Pro 3 in the third fiscal quarter led Microsoft to rake in $713 million for its Surface tablet division during the three month period that ended in March. That is a 44% year-over-year revenue increase for the company. Gross margins in this sector improved over the last year as increased sales of the higher priced Surface Pro 3 resulted in a higher price sales mix for Microsoft. As usual, the company did not disclose how many tablets it sold during the quarter. It did unveil the Microsoft Surface 3 on the last day of the three month period. The tablet doesn't launch until May 5th.
source: Microsoft via WindowsCentral (1), (2)
In addition, a strong performance by the Microsoft Surface Pro 3 in the third fiscal quarter led Microsoft to rake in $713 million for its Surface tablet division during the three month period that ended in March. That is a 44% year-over-year revenue increase for the company. Gross margins in this sector improved over the last year as increased sales of the higher priced Surface Pro 3 resulted in a higher price sales mix for Microsoft. As usual, the company did not disclose how many tablets it sold during the quarter. It did unveil the Microsoft Surface 3 on the last day of the three month period. The tablet doesn't launch until May 5th.
source: Microsoft via WindowsCentral (1), (2)
FCC OKs Cingular\'s purchase of AT&T Wireless
Things that are NOT allowed: