Microsoft demonstrates its confidence in Nokia. The IT group has seen its profit decline by 7% for the period from April to June, largely due to the integration of the business of mobile phones, acquired in April for $ 7.2 billion (5.3 billion euros). But to reassure investors on Wall Street Tuesday, the group pledged to cut costs a billion dollars at Nokia and halt its losses by June 2016.

Cost reduction

The new CEO, Satya Nadella, set the tone last week by announcing the elimination of 18,000 positions at Microsoft, including 12,500 for the only Finnish manufacturer. During a conference call with financial analysts Tuesday in the wake of the publication of the results, he stayed on the line by announcing it would cut costs for the entire company and would prioritize further key areas . He also promised to make the search engine Bing, which is losing money, profitable by the year 2016.

Fewer clouds?

“We did not expect so much,” said Daniel Ives, an analyst at FBR Capital Markets, told Reuters. “Of course there is still much to do, but the horizon seems to be emerging for Microsoft after 10 years of pain and frustration.” The Microsoft stock, which rose in the week a new peak of 14, clinching 1.1% at $ 45.33 in after-hours trading transactions.

According to the results presented by the software giant, Nokia contributed two billion quarterly earnings but Microsoft has accused an operating loss of $ 692 million, partly under the influence of non-recurring items. Among black points: the Lumia smartphone from the Finnish manufacturer, which has not had the success that Microsoft expected. It sold 5.8 million units in the first nine weeks of integration accounts Nokia, a market share of around 4%. For comparison, Apple has elapsed 35.2 million iPhones in the quarter.