Microsoft Corporation (MSFT) Q4 2015 Earnings: Windows Phone Plummets, Xbox Shines

Windows Phone put a significant drag on Microsoft's fourth-quarter earnings, released Tuesday. Revenue for the troubled platform decreased by $552 million, or 68 percent. Both Lumia and non-Lumia phone revenue declined, which Microsoft attributes to lower volumes and lower-priced devices. Microsoft took a hefty $7.6 billion write-down relating to the Nokia acquisition earlier this month. Revenue from sales of Windows to computer makers, meanwhile, also took a hit, down 22 percent amid a slowing ...