engine - 10:39 am on Jul 20, 2012 (gmt 0)

Apart from the aQuantive acquisition, it doesn't look too bad. Remember, Microsoft has deep pockets so can take a hit. Microsoft Reports Record Fourth-Quarter and Full-Year Revenue [microsoft.com]

“We delivered record fourth quarter and annual revenue, and we’re fast approaching the most exciting launch season in Microsoft history,” said Steve Ballmer, chief executive officer of Microsoft. “Over the coming year, we’ll release the next versions of Windows, Office, Windows Server, Windows Phone, and many other products and services that will drive our business forward and provide unprecedented opportunity to our customers and partners.”

The Online Services Division revenue grew 8% for the fourth quarter and 10% for the full year reflecting growth in our search business. Bing organic U.S. search market share was 15.6% for the month of June 2012, up 120 points from the prior year period.