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If Xbox is really costing M$ 2billion a year, my question is: How? Where is all that money going, exactly? That seems like an impossibly large sum.

OT: I can't believe I'm saying this, but...I agree with Pachter. Xbox has been M$'s first truly successful venture into the hardware business - especially when compared to Windows Phone and the flop that was Zune. I even agree that they've done everything right with the One - or at least haven't done anything outright wrong since the 180. They may be a bit too vocal in responding to every little thing, but I'm sure we can all agree that this is much preferable to the ominous silence preceding the XB1's initial reveal, and leading into E3.