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Windows Phone revenues decline 46% in Q1-FY15 due to dip in licensing revenues

Microsoft has reported a net profit of $4.5 billion for the quarter ended September 30, 2014, a 13.5% decline from $5.2 billion profit in the same quarter last year. The total revenues for the quarter however grew by 24.5% to $23.2 billion from $18.5 billion in the same quarter last year. The operating income declined to $5.8 billion for the quarter from $6.3 billion in the same quarter last year. However, it's worth nothing that this quarter results includes a $1.14 billion of restructuring & integration expense related to the company's restructuring plan announced in July 2014 and the ongoing integration of the Nokia Devices and Services business. These expenses resulted in a dip in the company’s operating income for this quarter. Highlights - Microsoft sold 2.4 million Xbox consoles in this quarter, though it hasn’t provided a break-up of Xbox One and Xbox 360. In the previous quarter, Microsoft had sold 1.1 million Xbox console units. During this quarter the Xbox One was launched in 28 new markets, including India. The higher console sales also led to a 58% increase in Xbox platform revenues. During the quarter, Microsoft signed a partnership with Amazon India to exclusively offer its entire range of its Interactive Entertainment Business (IEB) products. This includes Xbox One, Xbox 360, Kinect, Xbox Live, Xbox Accessories, and all Microsoft-published Xbox game titles. - Office 365 Home and Personal now has over 7 million subscribers, of which more than 1.4 million subscribers were added in this quarter. -  Microsoft sold 9.3 million Lumia Smartphones…

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