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Microsoft reports its first-ever quarterly loss

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Started by Static~Charge , Jul 20 2012 02:17 AM

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#1
Static~Charge
Posted 20 July 2012 - 02:17 AM

Static~Charge

    Cat Herder Extraordinaire

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The computing giant Microsoft has made its first-ever quarterly loss after it wrote off some of the value of its online advertising business. The loss came after it wrote down the value of Aquantive by $6.2bn (£3.94bn, €5bn), which failed to bring the profits expected by Microsoft. That led to a $492m loss in the three months to the end of June, compared with a profit of $5.9bn a year ago.


Source: BBC News Business

Edited by Static~Charge, 20 July 2012 - 02:18 AM.

Science literacy is a vaccine against the charlatans of the world that would exploit your ignorance.
-- Neil deGrasse Tyson

#2
qubit
Posted 20 July 2012 - 11:38 AM

qubit

    Quantum Cat Herder Extraordinaire

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Metro will restore their profits. :lol:

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Here's a very useful video on herding cats. Practice this and you might just become as good as me!

#3
alexp999
Posted 20 July 2012 - 12:42 PM

alexp999

    The Architect

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That aside, its probably why they wrote it off now, so when they get a boost from Win 8 sales, they can say "record increase!"

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