Microsoft Takes It On the Chin, Loses All Profit for Last Quarter

WEBINAR: On-demand webcast

How to Boost Database Development Productivity on Linux, Docker, and Kubernetes with Microsoft SQL Server 2017 REGISTER >

Microsoft admitted yesterday that their largest acquisition to date in the Internet sector was basically worthless and with that, killed any bottom line profit they have earned for the last quarter. They number… $6.2 billion US in losses. Every penny of it a write-off however the online ad agency they purchased just five years ago, known as aQuantive, was originally expected to bring Microsofts online ad revenue up to that of Google. This brings their share value down to a measly $30.35 per share on the stock market and while nothing to shake a stick at, not quite what the plan was supposed to bring in. Read the full story here.



Comments

  • There are no comments yet. Be the first to comment!

Leave a Comment
  • Your email address will not be published. All fields are required.

Top White Papers and Webcasts

  • The software-defined data center (SDDC) and new trends in cloud and virtualization bring increased agility, automation, and intelligent services and management to all areas of the data center. Businesses can now more easily manage the entire lifecycle of their applications and services via the SDDC. This Aberdeen analyst report examines how a strong foundation in both the cloud and internal data centers is empowering organizations to fully leverage their IT infrastructure and is also preparing them to be able …

  • We've seen real change in how we store our data. The ability to centralize and share storage resources became technologically and economically feasible, letting us aggregate, manage and share storage more easily. This paper gives a brief history of data center storage and shows how NVMe storage is the next great data center disruptor, bringing benefits that truly transform. This paper includes: Understanding server-local storage for local applications Centralizing storage – storage area networks with …

Most Popular Programming Stories

More for Developers

RSS Feeds

Thanks for your registration, follow us on our social networks to keep up-to-date