4 ms·
Interesting. On the surface this seems like a colossal failure. It could also be an accounting trick too. Write the whole thing off now, and people view it a
by mathattack 14y ago
Interesting. On the surface this seems like a colossal failure. It could also be an accounting trick too. Write the whole thing off now, and people view it as a non-recurring charge. Then when the unit does something/anything to be profitable, it looks like positive earnings rather than a less-bad loss.
- xfax 14y agoYup. It also has the nice effect of inflating the P/E ratio for Microsoft, at least temporarily.