Microsoft's MSN posts sharply lower loss for 2003
SeattlePI | at | by Mike
Four of Microsoft's seven divisions are still losing money, but one of them is losing significantly less money than it has in the past. MSN, the Redmond software company's Internet service, posted a $299 million operating loss in Microsoft's fiscal 2003, ended June 30, according to the company's annual report, filed yesterday with the Securities and Exchange Commission. That may seem like a lot, but it's less than half the $641 million loss reported by the division the previous year.