Microsoft’s third quarter results are out, and it’s basically as expected — except, however, for the newly-added Google line on its income statement.
The Google line, you ask? Yes, the Google line. In fiscal 2007 Microsoft is planning to spend more than $2-billion — like $500mm per quarter — in excess of what most analysts were expecting. What’s all the spending going to be on? Microsoft calls it “investments in future growth”, but a better description would be people, hosting, and the like to go head-on with Google in ads, search, software, and services.
So, what else would you call an expected $2billion charge directed at Google other than the Google line?