Microsoft 4Q Earnings Come Up Short On Nokia Loss - Presented by: The Aol. On Network

Microsoft is reporting fourth-quarter earnings that came in below analyst expectations, as it took a hit from the Nokia devices business that it bought in April. 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 said the absorption of the Nokia unit cut 8 cents per share from earnings. Revenue rose 18 percent to $23.4 billion, although $2 billion came from the Nokia unit.



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