Valleywag
Microsoft's earnings in a nutshell: Sales of Vista were down quite a bit, while Office was slightly up. But Microsoft's also-ran online properties, the root of Steve Ballmer's Yahoo obsession, continued to flounder. Sales grew 40 percent, but its loss widened to $228 million. The more Microsoft spends on the Web, the more it loses. [WSJ]
Microsoft's piddling Web division loses more money
2:20 PM on Thu Apr 24 2008
By Owen Thomas
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Comments
It should be noted that even though their web division sucks Microsoft was the 11th most profitable company in the US - [money.cnn.com] behind the liks of Exxon and Pfizer.
They'll figure out a way to parlay their success in the software business into something meaningful on the web.
A $228M loss on how much revenue? Ten cents? $90B? Rupert hasn't freed all of the WSJ's articles, and Valleywag is too dim to provide a complete scorecard.
Even with Microsoft in the doldrums, their overall profit margin (%) is about twice Apple's and earnings (EBITDA) are several times AAPL's. Tell this to Apple fanboys and they won't believe you, especially given the mark-ups on Macs.
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