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  • Microsoft tastes FIRST EVER LOSS

    Anil Jain

    Anil Jain

    @CrazyBoy
    Updated: Oct 22, 2024
    Views: 901
    Microsoft has experienced first quarterly loss since they registered in stock market in 1986

    Microsoft bought aQuantive online advertising in $6.3 billion in the hopes that it would bring them profit big time; however the aquisition led them to a loss of $492 million in the three months end on June 2012 (cmopared to a profit of $5.9 Billion last year)

    The only good news for the computing giant is that they are doing well in other areas, which will give them a space to bear the loss.

    aQuantive was bought to do competition with Google, do you think that Microsoft will again give it a try to go locking their horns with Google even after their first ever big loss??

    -CB
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