November 14, 2003
MSN: Microsoft Details First-Ever MSN Profit
SEATTLE (Reuters) - Microsoft Corp.'s (Nasdaq:MSFT - news) MSN Internet division posted its first-ever quarterly operating profit of $58 million since it was launched eight years ago, the world's largest software maker said in a regulatory filing on Thursday.
The results show that four of Microsoft seven business divisions are generating an operating profit, which excludes taxes and investment charges. The other three divisions: Business Solutions, cell phone and device software business, and home and entertainment, are still posting operating losses, according to data from the latest quarter ended Sept. 30
(full story)
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