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Microsoft has to report loss due to 2007 acquisition
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The following comments relate to this news article:

Microsoft has to report loss due to 2007 acquisition

article published on 19 July, 2012

Microsoft reported record revenue during their quarterly earnings today, although they had to post a loss, their first ever. Revenue came in at $18.06 billion, a record, but the company had to report a loss of $492 million. The loss was due to a massive write-off of $6.2 billion from their 2007 acquisition of aQuantive. The ad company just never panned out, and Microsoft lost almost all ... [ read the full article ]

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Posted Message
JST1946
Senior Member
_ 		19. July 2012 @ 21:12 _ Link to this message    Send private message to this user   
I'm sure Bill Gates is really worried and ready to liquidate all his assets.
[ + quote]
20 Year U.S.Army Veteran.Vietnam 1969-1972 101st Abn.Div.
Interestx
Senior Member
_ 		20. July 2012 @ 05:57 _ Link to this message    Send private message to this user   
Quote:
The loss was due to a massive write-off of $6.2 billion
Good God, they can afford to write off $6.2 billion in a single quarter!?
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LordRuss
Senior Member

1 product review
_ 		20. July 2012 @ 11:02 _ Link to this message    Send private message to this user   
"HAD" to report a loss? I cry bullshit on this one... It says it right in the article, it was due to a 'write off'. M$ will actually 'make' money from the loss. Yeah, I know, a contradiction, but from a corporation this huge it actually does work out that way.

Facts are, they went their 5 years on the taxation highway & now it's come time to put up or shut up with Uncle Sam. Judging by this article, they're going with victimization & waiting for the benefits after the first of the year seeing as it will buffer the uber success of their other ventures.

It's the exact same game Hollywood plays to hide their money.
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http://onlyinrussellsworld.blogspot.com
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robertmro
Member
_ 		20. July 2012 @ 16:09 _ Link to this message    Send private message to this user   
Stay tuned.
More to come.....................
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