Microsoft posts $500 Million loss

Discussion in 'Apple, Inc and Tech Industry' started by Dr McKay, Jul 19, 2012.

  1. dukebound85 macrumors P6

    dukebound85

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    #2
    Odd

    Though it seems alot is based on that recent acquistion, nothing core to the company
     
  2. smoledman, Jul 19, 2012
    Last edited by a moderator: Jul 19, 2012

    smoledman macrumors 68000

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    #3
    Because you're trying to deceive people into believing Microsoft actually lost money when they didn't.
     
  3. tootall macrumors regular

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    #4
    Only a paper loss?!?? let say your holdings or 401K drops 20% in value, do you say, I don't care it's only a paper loss???

    A write off of an investment indicates a depreciation/impairment of the asset, it means that the asset that was purchased has lost value, therefore (at posteriori) money has been lost.
     
  4. Dr McKay thread starter macrumors 68040

    Dr McKay

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    #5
    No im not, if I was why would I post the article? Are you denying what I said is true?
     
  5. smoledman, Jul 19, 2012
    Last edited by a moderator: Jul 19, 2012

    smoledman macrumors 68000

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    #6
    Microsoft still added $6 billion to their cash pile, that's all that matters. Oh and the MSFT stock was up today. Obviously investors know something that [you] don't.
     
  6. BaldiMac, Jul 19, 2012
    Last edited by a moderator: Jul 19, 2012

    BaldiMac macrumors 604

    BaldiMac

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    #7
    And they wrote off $6.2 billion in assets. Would you consider it a good quarter if your bank account grew by $100,000 but you lost your $120,000 investment property?

    What investors know is that a one time hit such as this won't affect Microsoft long term. That doesn't mean the loss was imaginary.
     
  7. Dr McKay, Jul 19, 2012
    Last edited by a moderator: Jul 19, 2012

    Dr McKay thread starter macrumors 68040

    Dr McKay

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    #8
    Nobody is denying this, what you are missing is that Microsoft have posted their first loss since they entered the stock market.
     
  8. ender land macrumors 6502a

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    #9
    So.... they "lost" 6.2B on a company and still managed to only lose 500M for the quarter?

    Sounds like they did quite well.
     
  9. aarond12 macrumors 65816

    aarond12

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    #10
    Thank you for posting this. Ignore the negative comments. Business news is interesting to me, especially when it involves Microsoft and losing money. :D
     
  10. Dr McKay, Jul 19, 2012
    Last edited: Jul 19, 2012

    Dr McKay thread starter macrumors 68040

    Dr McKay

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    #11
    I didn't post it because its Microsoft, I like Microsofts products and want them to continue to remain profitable, I just thought it was interesting Microsoft posted their first ever loss.
     
  11. BaldiMac macrumors 604

    BaldiMac

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    #12
    If you can ignore the fact that they wasted $6.2 billion on a failed investment. :D

    (I love how losing $6.2 billion on an investment deserves quotes - "lost". :eek:)
     
  12. ender land macrumors 6502a

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    #13
    I also love that the BBC has a reasonably meaningful typo in this article (they listed $492M when the total net loss is actually $192M).

    lol.
     
  13. Dr McKay thread starter macrumors 68040

    Dr McKay

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    #14
    They did? Lol good old BBC.
     
  14. ender land macrumors 6502a

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    #15
    Well I'm pretty sure when you read through Microsoft's statement here they are reporting a $192M loss.

    Maybe I'm misreading it somehow but it seems fairly strange they would both have X92M as the number ;)

    Guess it's always possible Microsoft had a typo on THEIR site :apple:
     
  15. maflynn Moderator

    maflynn

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    #16
    That means they made a boat load of money in other areas. It was a good will right down for the company that was not worth the price.

    That is, they purchased aQuantive for 6 billion and they had to show the value of the company as a 6 billion on their books even though aQuantive's tangible assets did not equal 6 billion, so its good will. Since MS determined it was not going to generate the level of revenue it expected they wrote down the goodwill to reflect the reality of the situation.

    Take away the accounting entry and you'll see MS made a lot of money.
     
  16. TSE macrumors 68030

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    #17
    Microsoft has actually impressed me with some of their business models recently.

    Windows 7 was a huge success, no doubt about that.

    Xbox has done nothing but dominate this generation of consoles, and Microsoft has done a great job positioning it for the present and feature with more non-video game features.

    Office has been better than ever.

    But then again, Microsoft has had some huge failures recently too. We not need to do into that. The only thing I worry about is Microsoft's position in the post-pc era. Windows 8 and Microsoft tablets are looking like they are going to either be a gigantic success, or a total flop. And that is an important market to get into.

    TL;DR: Microsoft isn't in a terrible position. It is ahead of some markets, and behind in others.
     
  17. smoledman macrumors 68000

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    #18
    Another piece of good news is that Online Division losses are shrinking rapidly. At this rate, it might hit break even by FY2013 Q3 or Q4.
     
  18. thejadedmonkey macrumors 604

    thejadedmonkey

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    #19
    I'm just waiting for the headline "Bing costs Microsoft 6.67 billion in a single quarter" :rolleyes:
     
  19. jnpy!$4g3cwk macrumors 65816

    jnpy!$4g3cwk

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    #20
    Microsoft's First-Ever Quarterly Loss

    http://www.bbc.co.uk/news/business-18917906
     
  20. smoledman macrumors 68000

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    #21
    I'll leave that to the professional media trolls like John Dvorak.
     
  21. Macman45 macrumors demi-god

    Macman45

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    #22
  22. niuniu macrumors 68020

    niuniu

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    #23
    It's not a trading loss though so it wont worry investors. They're still doing fantastically. Like the article says, revenue is actually up 4%.

    If I was an investor I'd be happy MS are trimming the fat.
     
  23. Queso macrumors G4

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    #24
    Compared to the scale of writedowns Time Warner had to announce from their own badly thought out Internet investments this is tiny. Sometimes it's better to take the hit then get back to declaring profits.
     
  24. MorphingDragon macrumors 603

    MorphingDragon

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    #25
    Publishers are shooting themselves in the foot and DirectX is becoming less dominant as mobile gaming becomes more lucrative.

    Don't expect the repeat performance of the X360.
     

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