Microsoft playing long game
Microsoft will see profitability in its Xbox business by its 2008 [fiscal year, the company said at its annual Financial Analyst Meeting yesterday.
Robbie Bach, president of Microsoft's Entertainment and Devices Division, said that although the Xbox business will lose money for the second year in a row in fiscal 2007, which began 1 July, the loss will not be as big as it was in fiscal 2006, which was a "transitional" year for the company's game console as Microsoft readied its second-generation Xbox 360 product. Fiscal year 2008 for Microsoft begins 1 July 2007.
Wall Street analysts, who made up the bulk of attendees at the conference in Redmond, Washington, have been asking Microsoft executives when they will start to see a return on investment in some of the company's new business segments, such as enterta [...]
Quelle: 360-HQ.com - Lies den ganzen Artikel "Xbox to finally make money ? in 2008" vom 30.07.06 17:00
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