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Xbox to finally make money – in 2008

Microsoft will see profitability in its Xbox business by its 2008 fiscal year, the company said at its annual Financial Analyst Meeting yesterday.

Robbie Bach, president of Microsoft's Entertainment and Devices Division, said that although the Xbox business will lose money for the second year in a row in fiscal 2007, which began 1 July, the loss will not be as big as it was in fiscal 2006, which was a "transitional" year for the company's game console as Microsoft readied its second-generation Xbox 360 product. Fiscal year 2008 for Microsoft begins 1 July 2007.

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pcadvisor.co.uk
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shotty3712d ago

Gears of War will likely lead to a positive for that quarter and lets not forget Halo 3 in 2007.

Shadow Flare3712d ago

Halo 3 will definately be making ms alot of the green stuff in 2007

DC RID3R3712d ago

are expected to report at least a $1 billion loss, when 2 million PS3's are sold.
You can really tell, they know their maths over at FONY!!!!!!!!

jedicurt3712d ago

hey, look at how much mony MS lost on selling the 360.

did you not even read the article? MS hasn't seen a profit yet on the 360. hence why the said that havne't seen a return on the 3 billion they put into it. if they had made a profit. then that means there was a return

why don't you learn to think first, bash sony second

ACE3710d ago

you sony droids r so "£$%^ ...
ms makes $110 million a DAY thats right , this is fact sony droids as for sony well we all know how they are in alsorts of cash flow problems etc.

IF ps3 blows so will the company sony R.I.P

jedicurt3712d ago

if they can do it by 2008, that will be inpressive. I think that is a bit too soon personally, and i think they will have a hard time getting to that goal. but good luck

Sphinx3712d ago

...if they make money... as long as they keep making kick-butt games!

BIadestarX3712d ago

Why people keep saying, "MS" is loosing money due to the XBox 360. I think it would be more accurate to say, "Entertainment and Devices Division". How about the other division which are making more money because of the 360?

- MSN Messenger gets more money displaying ads now that lots of XBox users are installing Messenger to track their Xbox live friends list.

- Windows Media Center OS - people are buying it so they can use it with their xbox 360.

- Visual Studio 2005 - Developers are/will buying/buy it tools in order to make video games using the XNA.

- How about the money that they will make when vista comes out (including Live Anywhere).

These losses only apply to "Entertainment and Devices Division" but do not take under consideration the profits made on other divisions directly caused by the existence of the Xbox 360.

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