Bill Gates - he can afford it
In its quarterly report to the Securities and Exchange Commission, Microsoft has displayed staggering losses suffered by its Xbox and games division.
The firm’s Home and Entertainment sector, which includes the Xbox, posted an operating loss of $348 million, taken from revenues of £1.28 billion.
And this trend is set to continue, at least for the short-to-medium term, as Microsoft continues to plough cash into the furthered development of Xbox, Xbox Live and related technologies.
The firm’s Home and Entertainment sector, which includes the Xbox, posted an operating loss of $348 million, taken from revenues of £1.28 billion.
And this trend is set to continue, at least for the short-to-medium term, as Microsoft continues to plough cash into the furthered development of Xbox, Xbox Live and related technologies.
Companies:
Microsoft
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