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Microsoft Corporation (MSFT)
Microsoft's Gamble With Xbox Business Has Turned Corner
Microsoft's Gamble With Xbox Business Has Turned Corner
YAHOO NEWS - March 4, 2008
Submitted by llonesmiz (508) at 5:58AM PST on March 5, 2008
The company's entertainment and devices unit has made money for two straight quarters and is on target to be in the black for the fiscal year ending in June.
After years as a money pit, the unit looks to be profitable going forward, says Robbie Bach, president of the E&D unit. Video games are the big driver, but the unit also includes mobile phone software, PC peripherals, TV set-top box software and Zune portable music players.
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