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On July 20, 2012, Microsoft posted its first quarterly loss ever, regardless of incomes document revenues for the quarter and monetary 12 months, with a internet loss of $492 million due to a writedown associated to the promoting firm aQuantive, which had been acquired for $6.2 billion back in 2007. Microsoft profits were $5.2 billion, whereas Apple Inc. earnings had been $6 billion, on revenues of $14.5 billion and $24.7 billion respectively. For the primary time in 20 years Apple Inc. surpassed Microsoft in Q quarterly earnings and revenues as a end result of a slowdown in PC sales and continuing large losses in Microsoft’s Online Services Division (which contains its search engine Bing). Microsoft is considered one of solely two U.S.-based firms that have a major credit standing of AAA. On 9 March 2026, Microsoft unveiled the Copilot Cowork software, which is predicated on Claude Cowork, tapping into the growing demand for autonomous agents.
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