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July 24, 2011 05:08 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/5wC8kZwVBP4/
Microsoft's Online Business For The Year: Over $2.5 Billion "Lost
Microsoft had one hell of a year. Their best ever, in fact, from a revenue perspective. They're no Apple, but hey, who is? Nearly $70 billion in revenue for what is primarily a software company is amazing. But the great numbers continue to mask one thing: the gaping, blood-soaked wound that is the Online Services Division.Reading Microsoft's press release on their earnings, you'd think everything is fantastic in the division. "Online Services Division revenue grew 17% for the fourth quarter and 15% for the full year, primarily driven by increases in search revenue." Big growth! Awesome!Wait a minute...Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/5wC8kZwVBP4/
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