Featured Articles

HP Stream is a Chromebook killer priced at $200

HP Stream is a Chromebook killer priced at $200

We have been hearing reports of a new breed of affordable Windows notebooks for months. It is alleged that a number…

More...
AMD Radeon R7 SSD line-up goes official

AMD Radeon R7 SSD line-up goes official

AMD has officially launched its first ever SSDs and all three are part of AMD’s AMD Radeon R7 SSD series.

More...
KitKat has more than a fifth of Android users

KitKat has more than a fifth of Android users

Android 4.4 is now running on more than a fifth of Android devices, according to Google’s latest figures.

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 20 July 2012 08:27

Microsoft posts first loss ever

Written by Fudzilla staff



Online advertising flop to blame


Software giant Microsoft has reported its first quarterly loss in history. The loss was apparently caused by the $6.2 billion Aquantative write down, which failed to yield profits expected by Redmond.

The quarterly loss amounts to $492 million compared with a profit of $5.9 in the same period last year. However, in spite of the Aquantative flop, Microsoft seems to be doing quite well on most fronts. Q2 revenue rose by 4 percent to $18 billion and Microsoft shares went up 1.6 percent following the earnings report.

Microsoft will introduce Windows 8 in three months, along with Windows RT, Windows Phone 8 and a range of associated products, including the new Office suite, Visual Studio and server packages. Also, Microsoft will roll out its Surface tablet to coincide with the Windows 8/RT launch.

Fudzilla staff

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments