23.07.2014 - Nokia worsened the results of Microsoft

Microsoft has released a report that has not met expectations of analysts. Acquisition of Nokia which plans to cut about 12.5 thousand workers negatively influenced the company's financial results.

Net income for the quarter was 55 cents per share, down 5 cents worse than the forecast. It should be noted that, except for performance of Nokia, the company made a profit of 66 cents per share, against the forecast of about 64 cents. The main source of profit for the company are enterprise software, and personal computers, as well as cloud services. We recommend holding the shares of Microsoft with growth potential up to 40% until 2015.

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