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


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.


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


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