Microsoft’s Online Business for the Year: Over $2.5 Billion …Lost

Mg Siegler: >And then there is the biggest number of all. For the year, the Online Services Division lost .557 billion. He also notes that the division has been losing money for 6 years now and that the losses have been getting worse not better. He also notes: >Don’t overlook another crazy stat: Microsoft was…

Mg Siegler:

>And then there is the biggest number of all. For the year, the Online Services Division lost .557 billion.

He also notes that the division has been losing money for 6 years now and that the losses have been getting worse not better.

He also notes:

>Don’t overlook another crazy stat: Microsoft was able to decrease general and administrative expenses by 60 percent for the year, and still lost more than ever.

That’s crazy. It’s time to cut your losses and walk away Microsoft.

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