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Microsoft Corp. (MSFT) is selling four times as many Windows phones as this time last year, helped by a new version of its phone software for more powerful handsets with faster screens, Chief Executive Officer Steve Ballmer said.
“Windows Phone 8 has been on sale for a few weeks and is off to a great start,” Ballmer said at a shareholders’ meeting today. Handsets made by HTC Corp. (2498) and Nokia Oyj (NOK1V) “are getting rave reviews and have initially sold out in many countries.” Windows-Based Phones Now Selling Four Times As Fast, Says Microsoft [bloomberg.com]