Microsoft phone sales fell 54 percent because of 'updated strategy'

Despite being an overall strong first quarter for Microsoft, its mobile side is still hurting. Phone sales fell 54 percent over the last few months, "reflecting our updated strategy," the company announced in its earnings report. It's not hard to see why, though: Microsoft basically didn't have much to sell over the past few months. Its flagship Windows 10 phones, the Lumia 950 and 950 XL, were only announced this month, after the quarter ended. All it was left with over the summer was mid-range and low-end phones, which weren't exactly enticing in the face of an onslaught of new smartphones throughout 2015. At least there's nowhere to go but up for Microsoft's phones now (we hope).