Microsoft Online – $4B startup and counting
It is simply amazing to see how much is Microsot investing into its online division.
Based on the the latest Microsoft quarterly result published last week, the operating loss for the online services division was $726M in the 3rd quarter alone, and a loss $1.8B for the current year.
If we look back to when the Microsoft Online Division started in early 2006, the total so far is close to $4B in investments for this one.
I can only say: It is nice to have money..
After 6 years and over $4B of investment, if this was a startup do you think it would still be alive.
I have to wonder if Amazon is loosing as much…
Some interesting reading:
- http://www.scottberkun.com/blog/2010/what-microsoft-gets-for-2-billion/
- http://techcrunch.com/2010/10/28/microsoft-online-business/