Microsoft's Revenues Up Except for Games Division 68
Gamasutra reports on Microsoft's announcement that their revenues are up, but the games division has seen a sharp decrease in profitability. From the article: "Microsoft's Home and Entertainment division, which overall includes the Microsoft Xbox video game console system, PC games, the Home Products Division, and TV platform products for the interactive television industry, saw revenue of $1.56 billion in the 3 months to the end of December and a significant loss of $293 million, compared to $1.37 billion revenues and a small profit of $55 million in the same period last year."
XBOX 360 (Score:3, Insightful)
Re:XBOX 360 (Score:1, Insightful)
That's what you get... (Score:3, Insightful)
I like xbox (Score:3, Insightful)
I'm now a happy apple user, I don't have to deal with windows anymore, but I still have to use the horrible MS Office for Mac so that my windows-based colleagues and I can exchange work.
Unline the other MS products I've used, i've always found the xbox experience to be easy and user-friendly.
In other words, the XBox 360 plant was expensive. (Score:5, Insightful)
I would expect the 360 to be profitable for them in the long run, though.
Jon Acheson
XBox 360 not selling at $299. Price cut needed. (Score:1, Insightful)
Microsoft will probably have to relaunch the product at a lower price point, and lose even more money per unit.
How much longer will Microsoft's stockholders put up with this money drain? Microsoft lost money on every original XBox, so, hoping to make some money in round two, they increased the price for the XBox 360. But the customers aren't buying.
Re:XBOX 360 (Score:5, Insightful)
Revenue == total money in (money made from selling stuff)
Expenses == total money out (money spent building stuff)
Net income == revenue - expenses
Re:In other words, the XBox 360 plant was expensiv (Score:3, Insightful)
you're very optimistic.
even the MS Xbox team doesn't expect the 360 to be profitable, and they don't expect the Xbox line to become profitable overall for 5-10 years.