SOFTWARE HOUSE Microsoft has posted its first loss since it became a public company, due to its $6.2bn write-off of Aquantive.
The company reported an accounting loss of $492m for the three months through the end of June, compared to a profit of $5.2bn a year ago.
It's not all bad news for the Redmond firm through, as revenues for the three months increased by four per cent to $18.06 billion. Its Entertainment and Devices Division revenue grew 20 per cent for the quarter, following the news that the Xbox had become the top-selling games console in the US for 18 consecutive months.
Microsoft CEO Steve Ballmer said, "We delivered record fourth quarter and annual revenue, and we're fast approaching the most exciting launch season in Microsoft history."
He burbled on, "Over the coming year, we'll release the next versions of Windows, Office, Windows Server, Windows Phone, and many other products and services that will drive our business forward and provide unprecedented opportunity to our customers and partners."
Directions on Microsoft analyst Rob Helm told The INQUIRER that the launch of Windows 8 is likely to provide a boost to Microsoft's revenues, although he added that this could be limited by the company's upgrade policy.
"It is not going to be a huge boost, it is going to be more like a Vista launch than a Windows 7 launch," he said.
"We won't really see the full impact of Windows 8 until the March 2013 quarter." µ
Back gets sacked
Happy happy, joy joy
Because 7nm, geddit?
Machines go loco across Blighty