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Discussion in 'Apple, Inc and Tech Industry' started by Dr McKay, Jul 19, 2012.
Though it seems alot is based on that recent acquistion, nothing core to the company
Because you're trying to deceive people into believing Microsoft actually lost money when they didn't.
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.
No im not, if I was why would I post the article? Are you denying what I said is true?
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.
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.
Nobody is denying this, what you are missing is that Microsoft have posted their first loss since they entered the stock market.
So.... they "lost" 6.2B on a company and still managed to only lose 500M for the quarter?
Sounds like they did quite well.
Thank you for posting this. Ignore the negative comments. Business news is interesting to me, especially when it involves Microsoft and losing money.
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.
If you can ignore the fact that they wasted $6.2 billion on a failed investment.
(I love how losing $6.2 billion on an investment deserves quotes - "lost". )
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).
They did? Lol good old BBC.
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
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.
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.
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.
I'm just waiting for the headline "Bing costs Microsoft 6.67 billion in a single quarter"
Microsoft's First-Ever Quarterly Loss
I'll leave that to the professional media trolls like John Dvorak.
In view of the fact that they appear at 7 on the list of the worlds most cash rich companies, any rumour of their demise is just a tad premature I think..
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.
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.
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.