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Bach: Xbox Biz Unaffected by Slumping Economy

Robbie Bach, president of Microsoft's Entertainment and Devices Division, says his unit hasn't seen a slowdown in consumer spending in the face of the economic downturn.

"We have not seen, on the consumer side of our business, a slowdown," he told Reuters.

Bach went on to add that the Xbox business has been doing very well. He said that the videogames industry moves on new release cycles rather than economic ones and predicted a strong holiday shopping season for Xbox.

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