Microsoft Reports Losses for the First Time in its History

Microsoft Reports Losses for the First Time in 26 years

Microsoft reported a big loss for the first time ever since it started going public in 1986, losing $ 492 million.

The net losses occurred despite a slight increase in revenue, which stood at 18.059 million dollars, which allowed a meager operating profit of 192 million dollars.

The April-June period, end of fiscal year for Microsoft, includes the sustraction of 6.190 million dollars related to the 2007 purchase of the online agency aQuantive.

The company expects a change of direction with the release of the new operating system Windows 8, which will be released in late October, along with the new version of Office, aimed at new tactile mobile devices. MZ