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$MSFT sold 5.8MM Lumia phones and 25.5MM other non-Lumia phones in 1Q16, down from 9.3MM and 42.9MM phone sales in the previous year quarter. $MSFT's Xbox Live revenue grew 17% in 1Q16 driven by both higher volumes of transactions and revenue per transaction. Video games revenue jumped 66% in 1Q16, driven by sales of Minecraft.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.
Wanna know what $TSLA announced yesterday? Watch the video!! Tesla Self-Driving Car Level 5 Autonomy. This is crazy!!