Microsoft sees end to Nokia losses, shares rise after hours


  • TECH
  • Wednesday, 23 Jul 2014

SEATTLE: Microsoft Corp said it aims to get its loss-making Nokia phone unit to break even within two years, helping its stock rise in after-hours trade. 

The world's largest software company reported a 7% dip in quarterly profit on Tuesday, chiefly due to incorporating the struggling handset business of the Finnish mobile pioneer. 

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