NEWS - Saturday, July 29, 2006


Xbox To Finally Make Money: In 2008

Robbie Bach, president of Microsoft’s Entertainment and Devices Division, said that although the Xbox business will lose money for the second year in a row in fiscal 2007, which began 1 July, the loss will not be as big as it was in fiscal 2006, which was a "transitional" year for the company’s game console as Microsoft readied its second-generation Xbox 360 product. Fiscal year 2008 for Microsoft begins 1 July 2007. Wall Street analysts, who made up the bulk of attendees at the conference in Redmond, Washington, have been asking Microsoft executives when they will start to see a return on investment in some of the company’s new business segments, such as entertainment and online services. Though Xbox has been a commercial success, it has not delivered a return on the $3bn (about £1.6bn) Microsoft has put into it so far. Another entertainment device on the horizon for Microsoft is Zune, a new product line that will include both music player hardware and software. Bach said yesterday that Microsoft will deliver a Zune music player by autumn in the US. A company insider told PC Advisor that Microsoft is targeting November for the release of its first Zune player. But investors and analysts should not expect to see a return on Microsoft’s Zune investment for some time, although Microsoft plans to spend less money – in the hundreds of millions of dollars – on the product line than it did on Xbox, he said. "This is something that will take time," Bach said. "This is not a six-month initiative. This is a three-, four-, five-year investment." Microsoft has described Zune as a family of hardware and software products that allows users to create communities for finding and experiencing music, as well as other forms of entertainment. Bach did not go into any new detail about Zune yesterday, but he emphasised that the ability to discover music and other forms of entertainment in a community atmosphere will be an integral part of the initiative. "Discovery is key," he said. "We’ll be providing new ways for people to find their favourite music and video." Before Microsoft admitted it was working on Zune, rumours flew that the company was working on a rival product to Apple’s tremendously popular iPod. Though Microsoft has not said explicitly that the Zune device will be similar to the iPod, Bach said yesterday that as part of Microsoft’s entire entertainment and device portfolio – which also includes Xbox, Media Center, IPTV and MSN – Zune will help position Microsoft nicely against Apple and Sony, the two main competitors to the company’s entertainment and devices division. "It allows us to complete the picture and have the whole entertainment experience we want to have," Bach said.
Source: http://http://www.pcadvisor.co.uk/

Comments

Site Statistics

Registered Members: 44,323
Forum Posts: 725,653
Xbox One Titles: 1,081
Xbox 360 Titles: 1,085
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 585
Original Xbox Titles: 987
Staff Reviews: 1,643
Member Reviews: 10,339
News Articles: 14,074
Screenshots: 30,717
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News








See News Archives

Community Forum Activity

Xbox One Assassins Creed Origins
Post by oryanphine
1 Replies, 330 Views

Xbox One S Porsche 919 Hybrid Edition
Post by oryanphine
3 Replies, 401 Views

OG Xbox on Xbox One now live!
Post by Kamshaft
2 Replies, 624 Views

Xbox One S Renault F1
Post by oryanphine
2 Replies, 460 Views

Xbox One S Wolfenstein 2 The New Colossus
Post by oryanphine
1 Replies, 624 Views

Xbox One S Prey
Post by oryanphine
0 Replies, 429 Views

Xbox One S Cuphead
Post by oryanphine
2 Replies, 721 Views

Xbox One S Shadow of War a gagner
Post by oryanphine
0 Replies, 414 Views

I Buy Very Rare XBox 360 Faceplates
Post by Smill
8 Replies, 1016 Views

Xbox Wire desormais disponible en francais
Post by oryanphine
0 Replies, 778 Views

Manette Xbox 360 Gamestop Radioactive
Post by oryanphine
1 Replies, 1089 Views

Xbox One Moratl Kombat X sur Ebay
Post by oryanphine
0 Replies, 1055 Views

Console Xbox 360 et faceplate Xbox 360 in package blue
Post by oryanphine
0 Replies, 1010 Views

Seagate Fanfest External Drive Scorpio
Post by oryanphine
2 Replies, 1366 Views

Ultimate Game Face
Post by oryanphine
3 Replies, 1254 Views

© 2000-2017 XboxAddict.com - All rights reserved. All trademarks are properties of their respective owners.
Xbox is a registered trademark of Microsoft. XboxAddict.com is not affiliated with Microsoft.

Made in Canada
Site Design by Cameron Graphics