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Friday, July 28, 2006

Microsoft's XBox 360: Profitable by 2007

Yesterday I published an entry about Microsoft's annual analyst meeting which was very brief... I've got some more information that you guys may like. At the meeting in Redmond, WA, Robbie Beach, XBox 360's unit president announced that the XBox 360 platform will be profitable by next year. Microsoft has entered the video-game market which was ounce and probably still dominated by Sony's Playstation. When the company launched the XBox, it was at a loss to gain market share. Microsoft's latest gaming product: XBox 360, has enjoyed a benefit by being introduced before Sony's PS3.

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