Saturday, July 21, 2012

Microsoft Reports Loss Due to Write-down

Microsoft Corp. Reports First Huge Loss As Public Company

A substantial accounting write-down of $6.2 billion related to the company's 2007 acquisition of aQuantive, an online advertising company, has wiped the software maker's entire Q4 profit.


previous on ThinkBillions-

Microsoft stock continues to go nowhere, but Steve Ballmer has a plan!