Microsoft Release Figures for Q2 2015, 8.4m Lumia’s Sold
Microsoft have published their Earnings Release for Q2 2015, or “FY15 Q4” as they call it, revealing that Lumia smartphone sales are up 31% on the same period last year, selling 8.4 million units. This figure is however down 1 million compared to the previous quarter. Meanwhile non-Lumia feature phones (Asha devices etc) declined 36% year on year to 19.4 million units.
“Phone Hardware revenue decreased $748 million or 38%. Gross margin decreased $158 million, due to lower revenue, offset in part by a $590 million or 31% decrease in cost of revenue. Phone Hardware has been included in our consolidated financial results starting on April 25, 2014, the date we acquired NDS.
· Lumia phones revenue declined, driven by a mix shift to lower price point devices. We sold 8.4 million Lumia phones in the fourth quarter compared to 5.8 million in the prior year.
· Non-Lumia phones revenue declined, driven primarily by lower volumes. We sold 19.4 million non-Lumia feature phones in the fourth quarter compared to 30.3 million in the prior year.
· Phone Hardware revenue included an unfavorable foreign currency impact of approximately 4%.”
Other interesting hardware news from the release reveals improved Surface performance, with revenue growing considerably against last year, up 117% to $888 million.
“Microsoft Corp. today announced that revenues for the quarter ended June 30, 2015 were $22.2 billion. Gross margin, operating loss, and loss per share for the quarter were $14.7 billion, $(2.1) billion, and $(0.40) per share, respectively.
These results include the impact of a $7.5 billion non-cash impairment charge related to assets associated with the acquisition of the Nokia Devices and Services (NDS) business, in addition to a restructuring charge of $780 million. There was also a charge of $160 million related to the previously announced integration and restructuring plan. Combined, these items totaled $8.4 billion or a $1.02 per share negative impact. Excluding this impact, operating income and EPS would have been $6.4 billion and $0.62, respectively.”
For the full picture of Microsoft’s financial performance in the last quarter take a look at their Earnings Release HERE