[Am-info] BBC: Microsoft reveals losses caused by its console

Roy Bixler rcb@bix.org
Fri, 15 Nov 2002 09:04:42 -0600


    Documents filed with the US financial watchdog show that
    Microsoft's Home and Entertainment division, which includes the
    Xbox, lost $177m (112m) in the three months to 30 September. 

    Since the Xbox was launched Microsoft has been forced to cut its
    price twice to boost sales.

    The documents also reveal that five of the seven divisions of the
    company are operating at a loss.

Complete story at:

http://news.bbc.co.uk/2/hi/technology/2480001.stm