Microsoft announced its financial results for the quarter ending 3oth June 2012, reporting a 4% Year on Year increase in revenue at $18.06 billion. The company registered a net loss of $492 million, a loss of $0.06 on each share, compared to a profit of $6.17 billion in the same period last year, due to the previously announced non-cash, non-tax-deductible income statement charge of $6.2 billion for the impairment of goodwill related to the acquisition of aQuantive, a digital advertising company, in 2007, and the deferral of $540 million of revenue related to the Windows Upgrade Offer. The company seemed to be enthusiastic about the upcoming release of new Windows 8 PCs and tablets, the next version of Office, and products and services for the enterprise and consumers. The Windows and Windows Live Division posted revenue of $4.14 billion, a 3% decrease compared to the same period, last year. The company claims that approximately 50% of all enterprise desktops are on Windows 7, worldwide. The next version of Windows will release to manufacturing this August and will become generally available October 26, 2012. The Online Services Division reported revenue of $735 million, an 8% increase from Q3-FY12. Bing’s US marketshare was at 15.6% during the quarter. Online advertising revenue increased 12% driven primarily by rate improvement in search business. The Entertainment & Devices Division posted revenue of $1.77 billion, an increase of 20% from the prior period primarily reflecting the addition of Skype. Xbox remained the top-selling console in the US During the year, Xbox launched new television and video partnerships…
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