How Is Microsoft Doing This?
Compound -$2.5 billion at 7%/year and you get -$35 billion...
Jay Yarow and Kamelia Angelova:
CHART OF THE DAY: Microsoft Incinerates ANOTHER $543 Million Online: Every quarter Microsoft reports earnings, and every quarter it reports a massive loss in its online operations. Today it reported a $543 million loss for its December quarter. This gives Microsoft a trailing-four-quarter loss of $2.5 billion. That's simply astounding. We've asked it before, and we'll ask it again: Has any company lost as much money online as Microsoft?
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