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Xbox lost Microsoft $4 billion over 4 years - 9/28/2005 3:35:49 AM   
WinThusiast


Posts: 1011
Joined: 8/4/2003
From: Ontario - Canada
Status: offline
Wish we had $4 billion to lose in the wash...

Microsoft is a company with deep pockets, but nevertheless, even we the rich and mighty INQ hacks had to suppress a shudder when it was revealed that the Xbox may have lost Microsoft upwards of $4 billion in four years. The company has always been willing to operate at a loss in order to establish itself in the gaming industry, and we reported back in July that they're willing to lose money on the Xbox 360 as well. $4 billion is still a massive loss to be making however, and one has to wonder how long and how much Microsoft bean counters have set aside for the Xbox franchise to start making money.

More at Forbes...


Source : The Inquirer
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