In life, we go through a number of ‘firsts’ whether it is an individual or a corporation, where the latter (Microsoft) has posted a first in its corporate history by racking up their maiden quarterly loss ever since they appeared on the stock market in an all too ancient 1986 timeline. The announcement was headed, “Microsoft Reports Record Fourth-Quarter and Full-Year Revenue”, where they lost $492 million in the three months to the end of June, which is in stark contrast compared to raking up a profit of $5.9 billion in a similar time frame back in 2011.
The reason for this rather huge disparity? Well, Microsoft did make a bad move in 2007 after purchasing online ad service Aquantive, taking a $6.2 billion charge against the company which is not too far away from the $6.3 billion which Microsoft forked out for Aquantive back then. Not only that, the software giant also deferred $540 million of revenue that is related to the Windows Upgrade Offer. Well, with the recent release of Office 2013 and the upcoming Windows 8 operating system, we do expect Microsoft’s fortunes to experience an uptrend in no time at all.
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