reverie on 26 April 2007
Microsoft's 3Q report is out and it's time to revisit the figures for the Microsoft Entertainment Division.
Revenue: $982 million (down from $1182 million a year ago).
Operating loss: $315 million (down from $402 million a year ago).
This is awful! Huge losses despite sleeper sales. I would have expected them to work on their margins this quarter, after they had pushed those magical 10 million units out of the door last quarter and were now planning to take it a little more quiet this year until the summer. I was expecting losses of around $100 million, not $300 million.
Hardcore gaming is a bubble economy blown up by Microsoft's $7 $6 billion losses.
