Friday, January 27, 2006

Microsoft & red ink

The Home and Entertainment group of Microsoft bled and bled a lot in 2005. For the year ending December it lost $293 million and when looking at just the final six months of 2005, the loss was $449 million.

Microsoft losses money - at least initially - on the sale of each Xbox 360 which was launched Q4 in 2005.

Read Microsoft's financial press release linked here.

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