On Jul 6, 9:35 am, "ness...@xxxxxxxxxxxxxxxxxxx"
<ness...@xxxxxxxxxxxxxxxxxxx> wrote:
> On Jul 6, 9:00 am, Roy Schestowitz <newsgro...@xxxxxxxxxxxxxxx> wrote:
>
> I was just noticing the numbers---about $300 million quarterly loss
> with $900 million revenue. So the extra $1 billion loss about equals
> their loss from other sources for a year. It's still small compared
> to the cumulative loss of $6 billion. Recently someone said they were
> predicted to show a profit in 2008. Maybe so, but there's a lot of
> lost territory to make up, and this repair fiasco won't help their
> reputation. Must be a challenging job, working at the Microsoft
> Propaganda Ministry, trying to draw attention away from this kind of
> PR.
Au contraire, Roy Toy, see the below. "NO IMPACT" is the key phrase.
Why don't you Linux-nuts at least hedge your bets and buy some MSFT
stock? It will make you feel better as you slowly get rich.
RL
Microsoft sets $1 billion charge for Xbox failures
By John Letzing, MarketWatch
Last Update: 7:08 PM ET Jul 5, 2007
In a conference call with analysts, Microsoft Chief Financial Officer
Chris Liddell said that the charge will have no impact on the
company's overall guidance for fiscal 2008. The entertainment and
devices unit president, Robbie Bach, added that the company still
Microsoft expects the Xbox business to become profitable sometime in
fiscal 2008, thanks to factors such as the release of the highly
anticipated "Halo 3" in September.
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