Microsoft in first loss to date
19 July 2012 Last updated at 22:39
Computing giant Microsoft has made the first quarterly loss in its history after it wrote off some of the value of its online advertising business.
The loss came after it wrote down the value of Aquantive by $6.2bn (?3.94bn; 5bn euros), which failed to bring the profits expected by Microsoft.
That led to a $492m loss in the three months to the end of June, compared with a profit of $5.9bn a year ago.
The company has not made a loss since it joined the stock market in 1986.
Full story at BBC Business News
http://www.bbc.co.uk...siness-18917906
Microsoft posts first loss ever
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Chachazz
, Jul 20 2012 08:23 AM
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