[Am-info] XBox Economics

[Paul Rickard]

========== On 2002.05.21 04:21 PM, Sujal Shah typed: ============

>Having 30 billion in the bank
>doesn't help them if they keep falling short of their quarterly earnings
>mark because of greater than anticipated losses on the XBox.

     Microsoft now has about $45 billion, and its growing at something 
like $1b a month. Even though growth is down they're still raking in 
record amounts of cash and have yet to pay out the first stockholder 
dividend. 

     "No other nonfinancial firm has more liquid money at its disposal, 
and only a handful of banks do. It's more cash than Ford, ExxonMobil and 
Wal-Mart have combined, and nearly four times as much as Intel, the tech 
company with the next largest cash balance. It is enough to buy the 
entire airline industry -- twice. Or all the gold in Fort Knox, four 
times over. It is enough to buy 23 space shuttles or every major 
professional baseball, basketball, football and hockey team in America." 
- http://money.cnn.com/2002/04/12/pf/agenda_msft/



======== Paul Rickard, Editor of The Microsoft Boycott Campaign =======
--------------------------------[ Http://www.msboycott.com ]-----------

  Your mouse has moved. You must restart Windows for these changes
   to take effect.