Dive summary:
- Microsoft reported its first ever loss of $492 million ($.06 per share) due to the write down of their aQuantive acquisition. Revenue for the quarter was was $18.06 billion, up from $17.37 billion in Q4 2011.
- CEO Steve Ballmer showed excitement for upcoming launches: "Over the coming year, we’ll release the next versions of Windows, Office, Windows Server, Windows Phone, and many other products and services that will drive our business forward ....”
- Google's revenues were up 21% over last year's Q2, and came in at $10.96 billion. The company also got $1.25 from its Motorola acquisition, bringing total revenues to $12.21 billion.
- Nikesh Arora, SVP and chief business officer, spoke about mobile growth: "Mobile is, right now, where search was in 1999," said Arora. "We are seeing mobile CPCs are healthy." You can read about Google's earnings over at ClickZ.
From the article:
Microsoft just released its Q4 2012 earnings report, posting just $192M in operating income before taxes and its first ever loss ($492M) due to the writedown the company took because of its failed aQuantive acquisition. Revenue for this quarter was $18.06, up from $17.41 billion in the last quarter and $17.37 billion in Q4 2011. Loss per share – and this is the first time Microsoft reported a negative EPS in its history – was $0.06.
