Linked by Thom Holwerda on Thu 19th Jul 2012 23:57 UTC
Microsoft "Microsoft today announced quarterly revenue of $18.06 billion for the quarter ended June 30, 2012. Operating income and loss per share for the quarter were $192 million and $0.06 per share. The financial results reflect the previously announced non-cash, non-tax-deductible income statement charge of $6.19 billion for the impairment of goodwill and the deferral of $540 million of revenue related to the Windows Upgrade Offer."
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gedmurphy
Member since:
2005-12-23

You clearly don't understand financial reports. Thom is actually one of the few news sites not to use that as a headline grabber / flame bait.

Microsoft has had an extremely profitable quarter. In fact, they were so profitable that they decided to write down the value of assets pertaining to a company it acquired back in 2007.
When stuff like that happens, you write down the value of those assets on the balance sheet. It does not represent a cash expense, it's just an accounting loss driven by a 2007 acquisition.

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