Microsoft makes its first ever loss

via bbc.co.uk

The computing giant Microsoft has made its first-ever quarterly loss after it wrote off some of the value of its online advertising business.

The loss came after it wrote down the value of Aquantive by $6.2bn (£3.94bn, 5bn euros), which failed to bring the profits expected by Microsoft.

That led to a $492m loss in the three months to the end of June, compared with a profit of $5.9bn a year ago.

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