The future of Microsoft’s device business is left uncertain after its latest quarterly report revealed that sales of its flagship Lumia phones plummeted by more than 50 per cent in a year.
Microsoft confirmed that its devices revenue sank 22 per cent, which can largely be attributed to its troubled smartphones business. In the last quarter the company sold 4.5 million Lumia devices compared to 10.5 million at the same period last year, representing a massive 57 per cent decline.
Taken in context, the declining sales aren’t a huge surprise as the company has essentially scaled down its phone business after its Read full story ›
Source: The Drum
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