Microsoft Corp (MSFT)
Earnings Release FY14 Q4

Phone Hardware revenue was $2.0 billion, reflecting sales of Lumia Smartphones and other non-Lumia phones following the acquisition of NDS on April 25, 2014. Since the acquisition, we sold 5.8 million Lumia Smartphones and 30.3 million non-Lumia phones.

Phone Hardware gross margin was $54 million, reflecting revenue of $2.0 billion, offset in part by $1.9 billion cost of revenue, including amortization of acquired intangible assets and the impact of decisions to rationalize our device portfolio.

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Phone Hardware
RESULTS (in millions, except percentages)
2014 2013 Change
Revenue $ 1,985 $ 0 *
Gross Margin $ 54 $ 0 *
* not meaningfulNote: No data prior to FY14 Q4
FY15 Earnings Release Schedule
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