Microsoft has released its earnings report for Q3 2015, and while most of the company's businesses have performed well, the phone business has taken a hit - revenue was down a disappointing 54% compared to the same period last year. This means that the Redmond-based company managed to sell around just 5.8 million Lumia phones in the previous quarter, compared to 9.3 million it sold in Q3 2014. Quarter-on-quarter sales were also down - a total of 8.4 million Lumia's were sold in Q2 this year, which, for the matter of fact, was up compared to Q2 last year. For this quarter, the software giant is pinning its hopes on the recently announced Windows 10 Mobile flagships - the Lumia 950 and 950 XL. Both are now available for pre-order across Europe, and are also listed on the US Microsoft Store website - the company has already confirmed that the Lumia 950 will be an AT&T exclusive in the US for a limited...
Source: http://www.gsmarena.com/microsofts_phone_revenue_takes_a_hit_in_q3-news-14633.php
