We mentioned the massive Microsoft Q4 profits yesterday but, deep down, you can see that profits should’ve been even higher. The fourth-quarter revenue was $16.04 billion but there was $240 million dollar loss from the KIN handset costs. Across Microsoft, costs increased to $584 million, meaning that over 40% of Microsoft costs were due to the KIN phones.
Update – Microsoft insider Mini-Microsoft has posted his thoughts..
Link – Microsoft Q4 Earnings Report
Microsoft reveals the cost of the Kin project
July 23, 2010