Microsoft Not Worried About Xbox360 Losses
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October 10th, 2006
It’s a common thing for console makers to lose money in the beginning, and profit from it after a few years on the market. Microsoft is no exception, their game division lost over $1.2 billion on Xbox and Xbox360 to date, and are still losing money on every Xbox360 console sold. Despite the losses, Microsoft isn’t giving up on the Xbox360, as company COO Kevin Turner says,
“This is a company that is committed to sticking to things that we believe in. Certainly, this is a space (Xbox360) we believe in.
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