During their earnings call, Microsoft had some good news for their hardware divisions.
Redmond managed to more than double their revenue on the Surface line up of tablets, reaching $908 million over last quarter’s $400 million. Lumias also had their best quarter yet moving 9.3 million phones, built largely on the popularity of low cost handsets. In all the Devices and Consumer Hardware division revenue grew 47% over last quarter to $10.96 billion.
However, following restructuring costs and Nokia’s hardware integration, Microsoft’s stock is down $0.11 a share.
While it’s not earth shaking news, it is positive growth, and any positive traction in this market means we’ll be seeing more competition moving forward. Fingers crossed this means we’ll see new Microsoft Branded Lumia phones sooner rather than later.
