Microsoft Posts First Quarterly Loss Ever

HangingChad writes "Microsoft's announcement of a late October release date for Windows 8 was eclipsed by its earnings report, in which the computer giant posted its first-ever quarterly loss since going public in 1986. The loss stems from Microsoft's continued struggles with the online services division."

Comments

Re:Loss due to 8 billion write down.

[HermMunster]

Indeed. Microsoft is a monopoly. It's real hard to loose money as a monopoly.

Tin foil hats kids!! (not aluminum)

[Mabhatter]

I'm breaking out the tin foil here.

Microsoft sat on this bad investment for 5 years? They reaeased their first ever loss the quarter before the election.

I'm calling it now. In three weeks nobody will remember WHY Microsoft had a loss, just that in 2012 "Obama" had dragged the economy down so far, even MICROSOFT was effected! This will stand in the history books for decades.

You'll hear the rally for Republicans tomorrow morning... DEMOCRATS RUINED MICROSOFT! Count on it. Then queue renewed call for anti piracy measures, renewed call for cheaper workers... Blah, blah, blah.

Thoughts?

Still a loss even without the writeoff

[SpaceLifeForm]

The point is that Microsoft lost money even if you disregard the writeoff.

Re:Yay!

[rtb61]

It's called creative accounting at it's finest. All brought about by corporate government after corporate government, off which Barack "The Betrayer" Obama is just the latest. Turning multi-billion dollar profits into seeming no tax payable losses. This joke and other identical jokes brought to you at the expence of the tax paying middle class, whom each year after another are worse off.