Rugger08 on 04 December 2007
To clarify what other people said, Microsoft took a $1.15 billion write off(put money aside) to deal with RRoD problems/warranties. They estimate that will cover 2.5 million repairs, so until 2.5 million xbox 360 fail, there will be no direct RRoD problems hurting profit.
My opinion is that if Xbox 360 was profitable in Q1 08 then they must be profitable over Christmas season. Anyone know if the $150 million in profit last quarter figure I have been hearing about is for Gaming division or all of Microsoft?
Interests: Government, Sports, Accounting, Computers and Business
