Linked by Thom Holwerda on Thu 19th Jul 2012 18:32 UTC
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RE: Microsoft reports first quarterly loss ever
by MollyC on Fri 20th Jul 2012 03:41
in reply to "Microsoft reports first quarterly loss ever"
But with record earnings (as is Microsoft's habit).
The loss is due to Balmer's foolish 6 billion dollar purchase of aQuantive 5 years ago, which resulted in zero. lol
But the loss doesn't reflect Microsoft's current state at all. I read Microsoft stock rose in after hours trading, because of the record earnings. The aQuantive write-off had already been announced, so nobody was surprised by it.




Member since:
2006-01-24
Hot on the heels and all that...
http://marketday.msnbc.msn.com/_news/2012/07/19/12837611-microsoft-...