Microsoft's phone revenue drops by 81% in Q2 FY17
Technology major Microsoft on Thursday reported a decline of 81% in revenue from phones in its second quarter of FY17. Overall, the company posted a revenue of $26.1 billion, up 1.2% from the year-ago period. Revenue for Microsoft's Intelligent Cloud segment rose 8% to $6.9 billion, with its Azure cloud computing platform witnessing a revenue growth of 93% year-on-year.