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Microsoft reports first quarterly loss ever

Posted on July 20th, 2012 at 4:24 by John Sinteur in category: Microsoft -- Write a comment

[Quote]:

Microsoft, the once-dominant computer software giant that has seen its fortunes wane in recent years, posted its first quarterly loss since emerging as a public company in 1986 Thursday as it took a huge charge for a failed acquisition.

The Redmond, Wash.-based company reported a net loss of $492 million as its operating income was wiped out by a $6.2 billion writedown related to its acquisition of advertising company aQuantive in 2007. Microsoft wrote down almost the entire $6.3 billion purchase price.

  1. But, if we put that 5 years old, one off that had to be written now in one chunk aside, they ended up with a $5.7billion profit.

    So still not that bad.

  2. If Balmer was responsible for that acquisition, then he should be fired, without his golden parachute. If Gates was the mover behind it, then he should relinquish an equal value in his stocks/options in MS. If executives are not held accountable for decisions this bad, then where is the accountability? … Oh, I forgot, there isn’t any in Corporate America…

  3. MS latest version of office looks to be a bloated monstrosity, and their next OS looks to be MS version of Unity, ask Ubuntu how that worked out. Which seems to leave them beating the house on doing well in the mobile market, not going to be easy and I they are a long way behind.

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