Microsoft's Gamble With Xbox Business is Finally Paying Off (article)

[Corfius]

starcraft said:

krik said:
But they didn't include the 1B put aside for the 3 year warranty extension (RRoDs) yet. They will have to account for it soon and when they do the Entertainment Division they will back on the red...

Can they legally keep that 1B out of the division's earnings?

They wrote off the billion dollars AGES ago. IT will never come up in earnings tables again.

 True it's basic accounting practices. You pass all your extraordinary charges of the coming years (by estimating them) in a single exercice so your next financial results can look positive. Somehow most people believe having a disastrous year followed by a couple of good years is better than having some average years. The end result is the same but it shows the management team in a better light :D