4 ms·
Microsoft has one of its best quarters ever -- revenue is up and growing on all their major devisions -- but end up taking an accounting loss (and tax credit, I
by mckilljoy 14y ago
Microsoft has one of its best quarters ever -- revenue is up and growing on all their major devisions -- but end up taking an accounting loss (and tax credit, I assume?). Kudos to the accounting team for that one!
- purephase 14y agoIt was intentional. They used a good quarter to shoulder the write down of a acquisition. The accountant/lawyers know what they're doing.
- PufferBuffer 14y agoJust because you know you're going to suffer a huge loss doesn't justify the loss itself.
- purephase 14y agoI didn't qualify it as I'm not a MS investor. I'll leave it up to the shareholders to read into it what they will. This is fairly standard practice. Just much more noticeable when it is MS and it is such a large purchase price.