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Sensationalist title much? From TFA: "Analysts were expecting a $5.3 billion profit for the quarter, but that was canceled out by an even bigger loss on a five
by xfax 14y ago
Sensationalist title much?
From TFA: "Analysts were expecting a $5.3 billion profit for the quarter, but that was canceled out by an even bigger loss on a five-year-old acquisition."
No, analysts were not expecting a $5.3B profit before the report; if they were they should probably not be in their jobs anymore. The after-hours price of MSFT shows that this news was already priced in and the loss was actually smaller that what was expected.
Geez.
- dclowd9901 14y agoWith these kind of common-sense oversights, I often wonder if many web reporters actually read the shit they shovel out.
- debacle 14y agoWeb reporting has very much become first-to-market, so I doubt it.
- ricardonunez 14y agoAgreed about the sensationalist title. Most people didn't watch the earnings call or read the article. With the huge write down it was more than expected some loss. People are just eager to comment without knowing.
- TheCondor 14y agoA bit sensationalist but it's also pretty darn remarkable. It's never happened before
- jacalata 14y agoyea. From further down the page on HN: "Microsoft expected to post first quarterly loss".
- drhowarddrfine 14y agoA loss is a loss no matter how you want to sugar coat it.
- einhverfr 14y agoThere was one thing I noticed from the report. Windows and Windows live revenues were down. There is a footnote which that this includes a reduction for deferred income due to rebate programs, but even if you add that back in, Windows revenue is still down. However, it gets stranger. Windows revenue + unearned income is higher than it was a year ago, though not by much compared to other business units. So it is very hard to say what it actually means.