By Daniel Hunter

Microsoft has reported a 10% fall in quarterly profits due to the costs of reorganising its Nokia business.

The tech giant's profits were $5.86bn in the three months to the end of December, down 10.6% from the same quarter in 2013.

It included a $243m charge to reorganise the company and its Nokia business, which is bought in September 2013.

Microsoft's sales were ahead of market expectations at $26.5bn, helped by strong sales of its Xbox One games console. It sold more than 6.6 million units in the quarter.

"We are taking bold steps forward across our business, and specifically with Windows 10, to deliver new experiences, new categories and new opportunities to our customers," chief executive Satya Nadella said.

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