Xbox 360 Shortages Hurt Microsoft’s Pocket
It looks like the shortage of Xbox 360s is taking a financial toll on Microsoft’s Home & Entertainment division. According to Next Generation, they’ve lost $293 million. At the same time last year, they (and by ‘they’ I am still talking about the H&E division) were at a $55 million profit.
But that’s okay. It’s not like Microsoft is in financial trouble.
Revenue for the next quarter ending March 31, 2006 is forecasted between $10.9 billion and $11.2 billion. Microsoft expects 2006 revenue for the fiscal year ending June 30, 2006 to be between $44 billion and $44.5 billion.
For the whole company, net income for the quarter was $3.7 billion, and revenues for the quarter hit a record $12 billion, up 9 percent over the previous year.
All of those numbers make my brain hurt. Think of the starving children…
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2 opinions for Xbox 360 Shortages Hurt Microsoft’s Pocket
Matt
Jan 28, 2006 at 8:21 am
Children starving for an Xbox 360.
Thanks, but none for me, I’m full. ;D
Cal
Jan 30, 2006 at 3:55 pm
I am totally in the wrong job!
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