Microsoft lost more money this quarter than Sony

[Teeqoz]

ShadowofYahrnam said:

Teeqoz said:

MoHasanie said:

They would have made a usual $5bn profit if it wasn't for that writedown. And revenue was expected to be down since people might be waiting for Windows 10 to come out.

Actually, revenue wasn't forecast to be down this much, and that lead to the stock dropping 3.5% in after hours trading.

 

Oh my! 3.5%!? What ever will they do!?

3.5% of a company worth 350 billion dollars is quite a lot. And I was just explaining to him that even though revenue was expected to be down, it wasn't expected to be down by that much.