View Feed
Gadget Geeks
Discuss all electronic gadgets - ask questions, doubts, troubleshooting tips et al. to fellow gadget geeks.
608 Members
Join this group to post and comment.

Microsoft tastes FIRST EVER LOSS

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??


Share this content on your social channels -