[Am-info] Xbox losses nearly doubled at Microsoft

[Fred A. Miller]

Revenues tumble; marketing spending.

SAN FRANCISCO -- Losses at Microsoft's Home and Entertainment division, which 
includes the Xbox game console, nearly doubled in the most recent quarter 
compared to a year earlier as revenue tumbled and marketing spending 
increased, Microsoft disclosed in a regulatory filing on Monday. 

The division, which also includes the Xbox game console, PC games, consumer 
hardware and Microsoft TV, posted an operating loss of $190 million for its 
fiscal third quarter that ended March 31, compared with a $97 million loss a 
year earlier, according to the filing. 

http://www.infoworld.com/article/03/05/13/NHxboxdown_1.html

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