another qtrly loss of $600 Million?
unpacking the microsoft advertising numbers you get a slightly different picture:
1. windows live – roughly 20% of windows revenues are originated from windows commercial sales and windows live, making it roughly $900 million from the $4.5 Billion. assuming that only 30% is advertising revenues, that would provide and additional $300 Million in revenues for the qtr.
2. advertising sales – stripping out the old ms isp services, $494 was advertising only revenue this qtr. important to note the 19% growth this qtr on last qtr.
that means tota revenues for the qtr are just shy of $800M or an annualised run rate of $3.2Billion from advertising.
most interesting was the R&D number against advertising revenues. around $320M per qtr