Microsoft's online services unit pares losses in Q2

Summary:Sure, Microsoft lost a lot of money on Bing and other properties, but it's headed in the right direction.

Don't look now, but Microsoft's online services division---a unit that historically has been a lock to lose about half a billion dollars a quarter---has improved operations and pared its losses.

In Microsoft's second quarter report, the headlines were Windows 8 and enterprise strength, but tucked away was the fact that the online services unit improved.

Also:  Microsoft's Q2: Enterprise shines, Surface details scant

Specifically, Microsoft's online services unit lost $283 million in the second quarter, down from a loss of $459 million in the same quarter a year ago. Revenue for the division was $869 million, up from $784 million.

Sure, Microsoft lost a lot of money on Bing and other properties, but it's headed in the right direction.

For its part, Microsoft credited revenue per search improvements.

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Topics: Microsoft, Data Centers

About

Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Baseline. He also served as the East Coast news editor and finance editor at CN... Full Bio

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