Microsoft posts quarterly loss but beats Wall Street – Yahoo! Finance

Microsoft posts quarterly loss but beats Wall Street – Yahoo! Finance.

Nader Nazemi-Microsoft

Microsoft

These losses at Microsoft can be the beginnings of a new pattern.

NEW YORK (Reuters) – Microsoft Corp reported its first quarterly loss as a public company on Thursday as it took a previously announced hit for writing down the value of its ailing online unit, but held up better than expected in the face of stagnant computer sales.

Excluding the multibillion-dollar write-down, which was signaled earlier this month, and factoring in some deferred Windows revenue, the world’s largest software company actually exceeded Wall Street’s expectations, boosting its shares in after-market trading.
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