Microsoft Loses $177m on Xbox in Three Months

Posted by ryuzaki0 on Friday November 15, 2002 @04:29AM from the its-not-like-they-can't-afford-it dept.

Albanach writes "The BBC News are reporting in this story that Microsoft's Home Entertainment Division has filed a submission to the Securities and Exchange Commission reporting a loss of $177 million for the three months to 30 September 2002. The loss comes on revenues of $505m for the division that manufactures the Xbox games console. Microsoft are said to be prepared to spend $2 billion funding Xbox live over the next five years, suggesting it will be some time before the home entertainment division break into the black."

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good by Ryokos_boytoy · 2002-11-15 04:38 · Score: 0, Flamebait

haha

Guess the console crowd are a little smarter than the desktop computer crowd in choosing which is best platform to use. With titles like SOCOM, GTA3 and GTA3-VC, ps2 will be king a little while longer. M$ probably never felt comfortable making something that couldn't be hacked by a 12 yr old or would BSOD at the drop of a hat.

M$, I wouldn't piss on them if they were on fire

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If you don't say anything, you won't be called on to repeat it. -- Calvin Coolidge