Microsoft shuffles its ledger

C|Net | at | by Mike

As part of its continued reorganization, Microsoft plans to change its financial reporting structure and combine several of its business units.

The software maker said Monday it will now break its results into five categories rather than the seven it had previously used. It will combine its entertainment and mobile device units, and will merge the unit that includes Office with its Microsoft Business Solutions unit.

The move is separate from, and in addition to, the decision last September to create three separate divisions within the Redmond, Wash.-based company. At that time, Microsoft said it would keep its seven business units for the purposes of financial reporting.