Microsoft Has Now Burned $18 Billion Online

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Thursday, July 18, 2013 Microsoft Has Now Burned $18 Billion Online After steady progress, Microsoft reported a big loss for the fiscal fourth quarter of 2013 in the Online division. It burned $372 million last quarter.  Microsoft was rather positive about the loss, though. Chris Suh, who leads IR, pointed out that it's a 22% improvement on a year-over-year basis. He attributed the loss to a weak display ad market. Since 2005, the last time Microsoft had a positive income result for its Online group, it has lost $11.98 billion. If you include the $6.2 billion right down for aQuantive, the total loss for the Online group since 2005 is a whopping $18.2 billion. Read » Also On Tech Today: Android Is Closing The Monetization Gap With iOS Weak Sales Of Microsoft's Surface RT Tablet Force It To Take A $900 Million Writedown Advertisement CHART OF THE DAY: Where Tech Workers Get The Best Pay CHART OF THE DAY: Why Apple TV Is Dominating Despite Weaker Content Selection CHART OF THE DAY: A Year After Marissa Mayer Takes Over Yahoo, Its Search Share Hits A New Low Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Tech RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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