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Re: [LUG] Microsoft in first loss to date

 

On 07/21/2012 01:28 PM, Henry Bremridge wrote:
Apologies earlier email was wrong wrong email address

On Sat, Jul 21, 2012 at 01:25:10PM +0100, Henry Bremridge wrote:
On Sat, Jul 21, 2012 at 02:54:01PM +0300, Ray Smith wrote:
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Rejoice not. For a more complete viewpoint see the register article.
http://www.theregister.co.uk/2012/07/20/microsoft_posts_first_ever_loss/

You do all realise their revenue is still high and the share price actually
went UP after the news was announced, right ?

Yup

http://www.bloomberg.com/news/2012-07-19/microsoft-profit-tops-estimates-as-companies-upgrade-computers.html
http://www.forbes.com/sites/ericsavitz/2012/07/19/microsoft-fy-q4-profits-top-street-expectations/
http://www.engadget.com/2012/07/19/microsoft-announces-record-q4-18-06-billion-in-revenue/




There share price may have gone up - but the simple point was that they made a loss for the first time. Even if the loss does not reflect the gradual decline of M$ - it's still a decent head line lol

cheers roly

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