Earnings season is upon is once again, and Microsoft is kicking things off today by announcing the results of its Q2 fiscal 2014, a three-month period that ended on December 31, 2014.
Microsoft today reported that it moved a total of 10.5 million Lumia devices in the quarter, a figure that was given a nice boost from sales of “affordable smartphones”. To compare, Nokia reported one year ago that it had sold 8.2 million Lumia phones during the same three-month period.
Looking at revenue, Microsoft says that its phone hardware pulled in $2.3 billion in revenue for the quarter. The Redmond firm also notes, though, that Windows Phone revenue fell 61 percent from the year-ago quarter, mostly due to a charge of $650 million from a Nokia commercial agreement that terminated upon Microsoft’s acquisition of Nokia’s Devices and Services group.
Overall it looks like Windows Phone had itself a nice little quarter. The Nokia agreement put a bit of a damper on Microsoft’s revenues, but I’m sure that the Redmond firm is happy to see sales of its mobile hardware continue to grow year over year. And with growth driven primarily by affordable handsets, it looks like Microsoft’s bet on entry-level devices is paying off for it so far.