Microsoft posts first losses, ever!

20 July 2012

Bitterwallet - Microsoft logoMicrosoft have, for the first time in its history, made a first quarterly loss after it wrote off the value of its online advertising business. Gates' company wrote down the value of Aquantive by $6.2bn (£3.94bn), which failed to do the business Microsoft hoped for.

This led to a $492m loss in the three months to the end of June, compared with a profit of $5.9bn a year ago. This is the first loss posted since Microsoft floated for the first time in 1986.

Of course, Microsoft are doing just fine elsewhere, but this will be of some concern as there's been an obvious decline in popularity of the Windows operating system and their smartphones haven't exactly set the world alight.

However, the launch of Windows 8 still has the market interested and Microsoft themselves reckon that this latest update is the most important redesign in more than 10 years. It launches in October, roughly at the same time as their Surface tablet.

[BBC]

TOPICS:   Technology   Economy   Gadgets

8 comments

  • Joe
    So they wrote off $6.2bn and only had a $492m loss for the quarter. I don't see what the big deal is or what the concern is, more sensationalist story headlines ..YAWN
  • Mr. P.
    Surely you should be posting a DEATH WATCH.
  • Joe
    so in other words, they made $5.7 billion from the rest of their business in 1 quarter (if you exclude the one off write off in their online business) … if that is on a death watch sign me up :P
  • Mr. P.
    @ Joe It was what's called "a joke".
  • what f.
    " . . an obvious decline in the popularity of Windows" . . . really? Even with Windows 7 being their fastest and best selling OS to date? I enjoy this site, I really do, but jesus h christ, do a smidgen of research occasionally please.
  • Sawyer
    Doesn't help that Mof has been plagiarising the BBC website again.
  • samuri
    copy paste yawn copy paste sleep.............coffee copy paste yawn
  • Chewbacca
    Mof likes to copy and paste, and post ill-considered opinion on things he hasn't tried...

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