Microsoft has been on good run this year, up nearly 20% in 2013, better than the broader market.
Part of the enthusiasm likely stems from the new Xbox video game console, which the company revealed earlier this year. While the Xbox One console will likely be a hit with gamers, are investors right to place their hopes on a new video game system?
Let's put video games into proper context for Microsoft. The entertainment and devices division -- the segment responsible for developing and producing the Xbox -- made up just 13% of the company's revenue last year.
Even looking at the years immediately after the release of the Xbox 360, the division was still just a drop in the bucket.