Microsoft lost more money this quarter than Sony

[DJEVOLVE]

generic-user-1 said:

nanarchy said:

Ruler said:

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).

there isnt a market overreaction, the stupid algos cant read, they just scan headlines and sell or buy.  the stock market is ruled by retarded robots.

Yep he's right, high frequency trading is most likley the cause for this, which I think we should have a sted tax to stop but hey let the guy with the server closest to the stock exchange cheat the market that much more.