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In 2015, Reuters reported that Microsoft Corp had earnings abroad of $76.4 billion which were untaxed by the Internal Revenue Service. Under U.S. law, corporations do not pay income tax on overseas profits until the profits are brought into the United States. [214] The key trends of Microsoft are (as at the financial year ending June 30): [215 ...
On September 2, 2013, Microsoft announced its intent to acquire the mobile hardware division of Nokia (which had established a long-term partnership with Microsoft to produce smartphones built off its Windows Phone platform) [19] in a deal worth 3.79 billion euros, along with another 1.65 billion to license Nokia's portfolio of patents.
The Microsoft hardware division is responsible for producing self-branded hardware and various lines of consumer electronics products. They consist of: Microsoft Surface – a family of Windows-based personal computing devices, first launched in 2012.
Microsoft is a multinational computer technology corporation. Microsoft was founded on April 4, 1975, by Bill Gates and Paul Allen in Albuquerque, New Mexico. [1] Its current best-selling products are the Microsoft Windows operating system; Microsoft Office, a suite of productivity software; Xbox, a line of entertainment of games, music, and video; Bing, a line of search engines; and Microsoft ...
Microsoft's earnings beat still had some blemishes. ... Microsoft’s More Personal Computing division reported revenue of $13.3 billion, which was more than the $12.3 billion Wall Street expected.
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This page was last edited on 13 September 2016, at 17:31 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Microsoft reported earnings per share (EPS) of $2.94 on revenue of $61.9 billion. Wall Street was anticipating EPS of $2.83 on revenue of $60.88 billion, according to analysts’ estimates ...