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Microsoft has announced its fiscal 2015 Q3 (quarter that ended on March 31) earnings report, revealing that it sold 8.6 million Lumia devices in the quarter, up 18% year-on-year but down 18% compared to the prior quarter.
Lumia sales brought in a revenue of $1.4 billion, down 16% compared to the year-ago quarter. Microsoft said the decline was due to a "higher mix of low royalty devices."
The software giant also revealed that it sold a total of 24.7 million feature phones in the quarter, down compared to the same quarter last year. "Market for feature phones continues to contract," the company said.
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