By Daniel Hunter

Microsoft has reported a fall in pre-tax profits after the cost of buying Nokia's smartphone business earlier in the year.

The tech giant reported profits of $4.5bn (£2.8bn) in the three months to September, a 13% fall compared with the same period last year.

Despite the 13% drop, it did beat market expectations.

Nokia boost its revenues by 25% to $23.2bn, which also beat expectations and sent Microsoft shares up in after-hours trading.

It comes after Microsoft announced it would be phasing out the Nokia brand from its smartphones.

Microsoft chief executive Satya Nadella said the tech firm in "positioned for future growth".

"Our teams are delivering on our core focus of reinventing productivity and creating platforms that empower every individual and organisation," he said.

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