Home Microsoft Posts First Ever Loss… But It’s Actually Doing Quite Well Thank You

Microsoft Posts First Ever Loss… But It’s Actually Doing Quite Well Thank You

0
0

Since joining the stock market in 1986, Microsoft has never reported a quarterly loss: until now.

Announcing the results for the fourth quarter of its financial year which runs July – June, Microsoft said it made a $492 million (about £313.2m) loss in the three months ending on June 30.

By contrast, it made $5.9 billion (£3.8bn) in the same period last year.

Write-off

The giant dip in money-making came as Microsoft wrote off its acquisition of Aquantive, an internet advertising firm that the Redmond company bought in 2007 for $6 billion (about £4bn), hoping to take Google on.

But looking beyond the mega write-off, Microsoft is in rude health. Its revenue is actually up $18 billion compared to the same quarter in 2011, a rise of 4%.

To learn more and to read the entire article at its source, please refer to the following page, Microsoft posts first ever loss but it’s actually doing quite well thank you- Techradar.com

Categories:
DABCC DABCC.com, the world leader in sharing the finest Virtualization & Cloud news and support resources. #Citrix, #VMware, #Microsoft, #Mobility and much more! Brought to you by @douglasabrown & team!

Share your view, leave a comment below:

Featured Resources:

Related Articles:

| LATEST FEATURED RESOURCES

White Papers

    ‘All You Need to Know About Microsoft Windows Nano Server’ Veeam White Paper

    Now updated for Windows Server 2016 GA release! You probably heard about Windows Nano Server already … but what is it exactly, and how do you get started with it? What value will it bring to your environment? Nano Server is a headless, 64-bit only deployment option for Windows Server 2016. Microsoft created this component specifically with […]

    Downloads

      Download Commvault VM Backup and Recovery: end-to-end VM backup, recovery and cloud management

      Commvault’s ability to provide end-to-end VM backup, recovery and cloud management creates a significantly better way to build, protect and optimize VMs throughout their lifecycle. Our best-in-class software for VM backup, recovery and cloud management delivers a number of significant benefits, including: VM recovery with live recovery options; backup to and in the cloud; custom-fit […]

      On-Demand Webinars

        Proactive Management of Citrix End User Experience in a Hybrid IT Environment – On-Demand Webinar

        Goliath Technologies Citrix Ready verified products help organizations proactively manage their Citrix environments, whether on-premise or in the cloud. In this webinar, you will hear from Citrix Virtualization Experts how Goliath solutions can confirm that Citrix applications and desktops are available prior to end users logging on to ensure a seamless end user experience. You […]

        Latest Videos

          Microsoft Ignite Session Video: Ask Me Anything: Michael Niehaus on Windows 10 management, deployment and more

          Microsoft Ignite Session: THR2242 Moving to Windows 10 and have questions? Join Michael Niehaus for answers to your questions about Windows 10 deployment options, how to think about the Windows as a Service model in a nutshell and the tools you can use to monitor and manage all aspects in Windows. This video is from […]

          Views All IT News on DABCC.com
          Views All IT Videos on DABCC.com
          Win a Tesla P100D

          Visit Our Sponsors

          Close