During its fiscal first quarter, Microsoft saw revenue from its phone business decline 72%, the software giant revealed
on
Thursday. “Considering Microsoft has given up on phone hardware, that's hardly a surprise, and it's likely we'll see this decrease further in future quarters,” The Verge
reports. Overall, the company reported revenue of $20.5 billion and net income of $4.7 billion.
Read the whole story at The Verge »
