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Microsoft reports first-ever quarterly loss
Microsoft CEO Steve Ballmer discussing Bing: The two-year-old search engine now accounts for 30 percent of internet searches in America.
Microsoft CEO Steve Ballmer discussing Bing: The two-year-old search engine now accounts for 30 percent of internet searches in America.
Gene Blevins/LA Daily News/Corbis
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n Thursday, software giant Microsoft reported its first quarterly loss in its 26 years as a public company. The loss largely stemmed from a $6.2 billion write-down of the value of online ad service aQuantive, an underperforming company that Microsoft purchased in 2007. However, while Microsoft's foray into online ads hasn't been entirely successful, its stock price has risen by 18 percent this year, as investors await the debut of Windows 8 in October, which is being billed as Microsoft's most drastic overhaul of its signature operating system since 1995. 

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