nikcub has a comment on this thread that convincingly puts Skype "gross profit close to $500M+ for YE 2011." I was going off an article that had skype revenue/

nikcub has a comment on this thread that convincingly puts Skype "gross profit close to $500M+ for YE 2011." I was going off an article that had skype revenue/profit as 859.8/20.6 for 2010 and negative the year before. I assume that the accounting tricks of having been bought by a PE firm that he mentions are responsible for the discrepancy. If true, P/E is < 20, not bad. Still, I doubt that is really what MS is after.