Summary
This Microsoft Corporation (MSFT) 8-K filing, dated October 23, 2008, primarily serves as a notification of the XBRL (Extensible Business Reporting Language) formatting of its Quarterly Report on Form 10-Q for the quarter ended September 30, 2008. The company is testing this new technology for presenting financial data, including financial information from Part I and other information from Part II of the 10-Q. Investors are explicitly cautioned that this XBRL data is unaudited and should not be relied upon for investment decisions; they should instead refer to the official, non-XBRL filed version of the 10-Q. While this 8-K does not contain new financial performance figures, it signals Microsoft's engagement with advanced reporting standards. The primary takeaway for investors is the company's commitment to technological innovation in its financial disclosures. The filing emphasizes that the XBRL data is for testing purposes and highlights the importance of consulting the official SEC filings for accurate and reliable financial information.
Key Highlights
- 1Microsoft filed an 8-K on October 23, 2008, to report on the XBRL formatting of its September 30, 2008 quarterly report.
- 2The filing includes financial and other information from the Form 10-Q, but presented in XBRL format.
- 3Investors are strongly advised that the XBRL data is unaudited and for testing purposes only.
- 4Reliance should be placed on the official, non-XBRL filed version of the Form 10-Q for investment decisions.
- 5This 8-K does not introduce new financial results but rather showcases the company's adoption of new reporting technologies.
- 6The XBRL data is not considered 'filed' under Section 18 of the Exchange Act and does not carry Section 18 liability.
- 7Microsoft is testing the XBRL format to potentially enhance the accessibility and analysis of its financial data in the future.