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/

Site Statistics

Registered Members: 49,813
Forum Posts: 725,921
Xbox One Titles: 3,017
Xbox 360 Titles: 1,086
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 586
Original Xbox Titles: 987
Staff Reviews: 2,067
Member Reviews: 10,339
News Articles: 15,699
Screenshots: 34,330
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News

Bonkies Sets off January 29th

Bonkies Sets off January 29thBonkies is packed with cute animals, brain-teasing missions and goofy mishaps, a perfect recipe for a peaceful evening with loved ones at home. Plus there’s a 20% preorder discount!






Teratopia Launches January 20th

Teratopia Launches January 20thJoin Tucho in his quest to rescue his friends and liberate the colorfully grotesque lands of Teratopia! Traverse 13 unique zones packed with enemies bent on overtaking your homeland.



See News Archives

Community Forum Activity

Watch Dogs: Legion
Post by Nato King
0 Replies, 15091 Views

Xbox Series X or S
Post by Nato King
5 Replies, 17117 Views

Spellbreak Grand Magus Pack (3) and Starter Pack (7) Giveaway!
Post by Variation-XBA
0 Replies, 14039 Views

I pay $ 1000! I search the Element 54 Canadian launch Team signaturen Faceplate
Post by Smill
0 Replies, 13640 Views

Xbox one no signal
Post by debrartin
0 Replies, 38182 Views

do you remember?
Post by SnoochyBoochy
3 Replies, 39670 Views

i haz xbox
Post by SnoochyBoochy
0 Replies, 34887 Views

Claiming the first thread of 2020
Post by Kraft
7 Replies, 60976 Views

Important! I pay $ 1000! I search the Sweden launch and the Element 54 Faceplate
Post by Smill
3 Replies, 25036 Views

Squad Up
Post by samslophead
0 Replies, 61779 Views

TERA Skinned Xbox One X Giveaway!
Post by Variation-XBA
0 Replies, 54542 Views

Starfield Release expectations?
Post by DJ tx
4 Replies, 100386 Views

Issue with Xbox live on Xbox home
Post by rcmpayne
0 Replies, 71319 Views

Happy Birthday, Me.
Post by SnoochyBoochy
4 Replies, 86755 Views

Xbox Playdates Canada October, 2018 Play date info thread.
Post by Kiesey
2 Replies, 20415 Views

© 2000-2021 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