writeoff leads to firstever loss for microsoft
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Writeoff leads to first-ever loss for Microsoft

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Arab Today, arab today Writeoff leads to first-ever loss for Microsoft

Washington - AFP

Microsoft said Thursday it lost $492 million in the past quarter, the first ever loss for the software giant, as results were hit by a previously announced writeoff. In reporting its fourth fiscal quarter results, Microsoft said it posted an annual profit of $16.98 billion and said the results reflected "solid revenue growth and rigorous cost discipline."

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