Microsoft Reports 4th-Quarter Loss After a Write-Down - NYTimes.com

Perhaps not so bad, considering the fact that Microsoft Osborned both PC and smartphone Windows sales during its most recent quarter

"If Microsoft had not had to defer a portion of its Windows sales — $540 million in this case — its Windows revenue would have declined 1 percent, still a dismal performance that underscores the challenges in the traditional computer business right now.
Sales in the PC market have stagnated as consumers have diverted their technology spending to more exciting technologies, including smartphones and tablet computers like the iPad. Microsoft and other companies in the PC industry are hoping to reignite growth in the business with the release of Windows 8, an operating system that has been revamped to work better on touch-screen devices."

Microsoft Reports 4th-Quarter Loss After a Write-Down - NYTimes.com