Bach: Xbox will make a profit in 2008

Vikingod · May 4, 2007, 03:20 PM

Source: GamesIndustry
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The president of Microsoft's entertainment and devices division has said he expects the company's console business to finally start making money next year.

Speaking to eWeek, Robbie Bach said: "It's a business that will be profitable next year. We'll make money next year and that will be the first time, which is pretty exciting."

Microsoft announced last week that falling Xbox 360 sales contributed to a 21 per cent drop in revenues for the entertainment and devices division. The first quarter of 1007 saw an operating loss of USD 315 million (EUR 232 million) for the division, which also makes the Zune mp3 player. But these losses were reduced from the same period last year.

May 4, 2007, 03:20 PM	#1
Vikingod Int'l Fish Liaison Join Date: Jul 2004 Location: By the light of lamp I sit and type... Posts: 16,197 Rep Power: 112 System Specs	Bach: Xbox will make a profit in 2008 Source: GamesIndustry ___________ The president of Microsoft's entertainment and devices division has said he expects the company's console business to finally start making money next year. Speaking to eWeek, Robbie Bach said: "It's a business that will be profitable next year. We'll make money next year and that will be the first time, which is pretty exciting." Microsoft announced last week that falling Xbox 360 sales contributed to a 21 per cent drop in revenues for the entertainment and devices division. The first quarter of 1007 saw an operating loss of USD 315 million (EUR 232 million) for the division, which also makes the Zune mp3 player. But these losses were reduced from the same period last year.