How Nokia both helped and hindered Microsoft's earnings

Microsoft paid more than $7 billion for Nokia's handset and services business, and the jury is still out as to what it means for its future. In the past quarter it boosted Microsoft's revenue but also ate into its profit. Microsoft's revenue for the quarter ended June 30 grew 18 percent from last year to US$23.4 billion, boosted by an additional $2 billion from Nokia. That helped Microsoft beat ...

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