Microsoft lost more money this quarter than Sony

[nanarchy]

Ruler said:

nanarchy said:
The numbers were actually outstanding from Microsoft with larger than expected growth, beating both revenue and profit estimates. Just a large writedown in Nokia being the killer.

source?

seriously? is it that hard to read news? the predictions were for 56 cents EPS they posted 62, they were predicting 22.03 billion revenue, they hit 22.18. They exceeded expectations. There is always a market over reaction on a loss though even though the write off was announced well in advance. you should see the stock easily recover the 3.5% drop in the next day or two as investors look closer at the numbers which were amazing for a quarter prior to a major release (traditional drop off as buyers hold back).