"That 14 billion is not net income that is revenue. So 1 billion dollars is 1/5 of their net income of in a year and 1/14 of their total revenue. In either case this is a big hit. "
Actually MS profited close to 5 billion last quarter. So yes a 1 billion dollar loss is still huge, but that is basically only about 2.5 weeks worth of profit for MS
From http://www.microsoft.com/msft/earnings/FY07/earn_rel_q3_07.mspx
Microsoft Corp. today announced revenue of $14.40 billion for the quarter ended March 31, 2007, a 32% increase over the same period of the prior year. This revenue drove record profits with operating income of $6.59 billion and net income of $4.93 billion. Diluted earnings per share for the quarter grew 72% to $0.50, and included $0.02 in tax benefits and $0.01 in legal charges.
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