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  Microsoft's MSN unit shows financial progress
Time: 12:25 EST/17:25 GMT | News Source: Seattle PI | Posted By: Todd Richardson

Four of Microsoft Corp.'s seven divisions still are losing money, but one of them is losing significantly less money than it has in the past. MSN, the Redmond software company's Internet service, posted a $299 million operating loss in Microsoft's fiscal 2003, ended June 30, according to the company's annual report, filed Friday with the Securities and Exchange Commission. That may seem like a lot, but it's less than half the $641 million loss reported by the division the previous year.
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