Interesting Fact - Microsoft
Microsoft has posted its first ever loss since becoming a public company 26 years ago.
(It has never previously reported a quarterly loss since the company's initial public offering in March 1986, but has been forced to do so after writing off almost the entire value of an online advertising service it bought five years ago, this led to a $492million loss in the April-June quarter. That's got to hurt!)
Source
(It has never previously reported a quarterly loss since the company's initial public offering in March 1986, but has been forced to do so after writing off almost the entire value of an online advertising service it bought five years ago, this led to a $492million loss in the April-June quarter. That's got to hurt!)
Source