Xbox Division Takes A $2 Billion Loss
July 21st, 2007 by James Hyde in Business, Xbox360
Microsoft recently announced an extended warranty that would cost the company over a billion dollars. Now the company has reported a loss of $1.9 billion last fiscal year (ended this June). The “Entertainment and Devices Division” losses increased by 47% compared to last year, primarily driven by the new warranty extension.
Revenues were up by 28% on strong sales of the Xbox 360 console and the Zune, to $6.08 billion. Microsoft has shipped over 11 million Xbox 360 consoles so far, and hopes that the console business will turn profitable this fiscal year (ending June 2008).
Tags: Business, Xbox360
July 21st, 2007 at 12:12 pm
HALO 3,Call of duty4,crysis(there will be a 360 version)blacksite Area 51,Counter-strike(I heard a 360 version is coming), Half life 2 orange box, Assassin creed,gears of war still selling(reminds me of halo),gears of war 2,halo wars,TC endwar,splinter cell 5, bioshock,project interstellar marines,project interstellar marines… MGS 4 might be coming, devil may cry 4,grand theft auto 4. Battlfield bad company.
I counted a good 70-100 games are coming for the 360 and PC. Take 100, x2’s it by each title selling 3 million copies a piece. I did it like this with halo 3 might hit 8 million copies sold easy. 360 already nail 12 million consoles sold. With this xmas I see easy 4-6 more sold.
I say give it time!
July 21st, 2007 at 1:22 pm
You keep forgetting that every third console is going back for repairs
July 21st, 2007 at 5:53 pm
lol exactly why i love pc more!