164 Microsoft swallows a bitter pill, reveals quarterly loss of 3.2 Billion
Microsoft booked an $8.4 billion charge in the fourth quarter, swallowing a bitter pill by writing off the Nokia phone business it bought just over a year ago. It narrowly beat analysts’ depressed expectations for a quarter that also saw a steep decline in personal computer sales even as it prepares to launch its latest operating system, Windows 10. The Redmond, Washington-based software giant posted a net loss of […]