Microsoft Posts First Ever Quarterly Loss

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Posted July 19, 2012 at 9:18pm by iClarified Staff

Microsoft has posted its first quarterly loss of $0.06 per share on sales of $18.06 billion, primarily due to a failed acquisition of aQuantive, which ended up costing the software giant $6.2 billion. The charge led to a $492 million loss in the April-June quarter.

Other than the one time charge, Microsoft had a strong quarter, with revenue of $18.06 billion and a profit of $0.73 per share.

The financial results reflect the previously announced non-cash, non-tax-deductible income statement charge of $6.19 billion for the impairment of goodwill and the deferral of $540 million of revenue related to the Windows Upgrade Offer. Adjusting for these items, non-GAAP fourth quarter revenue, operating income, and earnings per share were $18.60 billion, $6.93 billion, and $0.73 per share, which represented increases of 7%, 12%, and 6%, respectively, over the prior year period.

Microsoft is predicted to have more strong quarters with the release of the Surface tablet, Microsoft Office 2013, and Windows 8.

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Microsoft Posts First Ever Quarterly Loss

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NoGoodNick - July 20, 2012 at 12:36am

Many more to come. Haha

ratGT - July 20, 2012 at 3:29pm

@saurabh ---- You haven't got a clue how much of bad news this is for MS, have you? Go feed your hamster and nevee mind these kind of news...

Chanel - July 20, 2012 at 4:30pm

Me wd be amused to know how it's a bad news for Microsoft..the company showed better profits than the expectations of the analysts...excluding the write off that is..they didn't burn the 6 billion write-off...just a virtual or phoney loss...wait till windows 8 comes to earth n alienates the stupid commenters bashing Microsoft

ratGT - July 21, 2012 at 10:13am

@Chanel ---- Microsoft is bleeding slowly and painfully to death these past years. If you think that their 'comeback' is named 'Windows 8' or 'Surface Tablet', then I'll bring you back to reality and let you know that all this is called 'despair'. The sooner you'll realize that, the sooner you'll clearly see the future and avoid waisting time on your own 'wishful future'