Microsoft’s huge online bet

If you thought the days of online services losing buckets of investors’ money went out in the original dotcom boom, look at the¬†Business Insider Chart of the Day for Microsoft’s Online Services Division. $711m lost in the first quarter of 2010, $10bn lost since 1998.

You can see this as partly the flipside of their huge profits on Office – some of these online services are the next, web-based, iteration of Office – but is Google really losing this much on developing Google Apps?