Wednesday, July 4, 2012

Investopedia: Microsoft Recognizes A Multi-Billion Dollar Error

Relative to companies like Oracle (Nasdaq:ORCL) and IBM (NYSE:IBM), Microsoft (Nasdaq:MSFT) is perhaps not as acquisitive as investors might expect for a company of its size. Coupled with top-line growth that is not exactly robust, it would seem to set up the question as to why Microsoft isn't more active. Perhaps the announcement of a $6 billion goodwill writedown in the Online Services business goes some way toward explaining it.

Please follow this link to read more:
http://stocks.investopedia.com/stock-analysis/2012/Microsoft-Recognizes-A-Multi-Billion-Dollar-Error-MSFT-GOOG-IBM-ORCL0704.aspx

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