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Thread: Microsoft reports first loss as public company

  1. #1

    Post Microsoft reports first loss as public company

    http://www.usatoday.com/money/compan...oss/56340272/1

    Microsoft said Thursday that an accounting adjustment to reflect a weak online ad business led to its first quarterly loss in its 26 years as a public company.

    The software company had warned that it was taking a $6.2 billion charge because its 2007 purchase of online ad service aQuantive hasn't yielded the returns envisioned by management.

  2. #2

    Default

    Trading profit was $6 billion. The aQantive acquisition was a bad move, now finally written off.

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