SAN FRANCISCO — Microsoft said Tuesday it posted a profit of $3.1bn in the latest quarter, swinging into the black a year after hefty charges from writing off mobile phone assets."This past year was pivotal in both our own transformation and in partnering with our customers who are navigating their own digital transformations," said CE Satya Nadella.The profit in the tech giant’s fourth fiscal quarter was nearly identical to the loss from a year earlier, when it took charges of more than $7bn to reflect the lower value of the Nokia mobile phone division it had acquired.Revenue dipped to $20.6bn from $22.2bn in the same period a year ago.Overall, the results were better than most forecasts and sparked an after-hours gain of more than 3% for the company, which is seeking to shift its emphasis to cope with declining sales of personal computers.Under Nadella, Microsoft is trying to reduce its dependence on software sales, and boost its role in services and cloud computing, with some con...
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