Beleaguered Microsoft Reports $2.1 Billion Quarterly Loss

Dan Seifert, reporting for The Verge:

Microsoft today reported its earnings for the fourth quarter of its 2015 fiscal year and unsurprisingly, the massive $7.6 billion write down for its Nokia purchase last year tanked any chances of it turning a profit. The write down pushed Microsoft’s losses to $2.1 billion for the quarter. Excluding the write down and related charges, Microsoft’s other businesses earned a profit of $6.4 billion on $22.2 billion in revenue.

$7.6 billion write-off, no big deal.

$1 billion Xbox writeoff, no big deal.

$900 million write-off for Surface RT, no big deal.

$6.2 billion write-off for Aquantive, no big deal.

★ Tuesday, 21 July 2015