division

What's the best way for Microsoft to improve its financial outlook? Sell off two prominent properties: its Xbox video game division and its Bing search engine. At least, that's the opinion of Rick Sherlund, an analyst for Nomura Equity Research. In ... a report released earlier this week, Sherlund argues that selling off the Xbox and Bing properties could help Microsoft from a financial standpoint. Bing Division Consistently in the Red First, selling Bing does make some sense. After several years competing with industry heavyweight Google, Microsoft's online services division continues to report ... (view more)

Microsoft's online services division, which includes the Bing search engine, has lost more than $2.5 billion in the past year. But the company is continuing to fight to attract search users by adding special features for mobile users. In its press ... release covering financial performance, Microsoft proudly announces that revenue from the online services edition grew by 17 per cent in the last three months of the year, and 15 per cent over the year as a whole. Bing Revenue Still Far Below Expenses Unfortunately, what it doesn't mention in the main release, but is detailed in the full financial ... (view more)

Microsoft has posted record sales for fiscal year 2011 based on strong showings for its Office software suite, server programs, and Xbox 360 video game console. It's a somewhat surprising result, given that Windows sales had actually started to ... decline. According to reports, for the fiscal year ending in June Microsoft amassed $69.4 billion in total revenue, a record high and an increase of 12 per cent compared to fiscal year 2010. Of the total, approximately $23 billion was net income, also a substantial increase (23 per cent) from last year. (Source: computerworld.com ) Net Income ... (view more)

Microsoft has reorganized its entertainment section after word that division president Robbie Bach will retire this fall. Combined with news that another very public entertainment figure, J Allard, is leaving the company, Microsoft has been forced ... to do some major tinkering with the division. Robbie Bach has been a part of Microsoft for over two decades. The 48-year-old became a prominent part of the company after he helped establish the first Xbox game console, released in 2001, as an industry heavyweight. Unfortunately, other Microsoft devices have not proven so popular under Bach's watch, ... (view more)