Microsoft Posts $3.2B Loss on Phone Business Write-Down

Filed under: Company News, Technology, Microsoft, Earnings, Computers

Getty ImagesCustomers browse at a Microsoft store in Bellevue, Wash.By Devika Krishna KumarMicrosoft (MSFT) reported a $3.2 billion quarterly net loss, hurt by charges related to its Nokia phone business and job cuts, and weak demand for its Windows operating system.The company took a charge of $7.5 billion in the fourth quarter related to the restructuring of its Nokia handset business, which it acquired last year.

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