TechSpot

X-Box keeps losing money

By Julio Franco
Nov 16, 2002
Topic Status:
Not open for further replies.
  1. For the first time Microsoft is revealing how much money it is losing on its Xbox game console.

    Documents filed with the US financial watchdog show that Microsoft's Home and Entertainment division, which includes the Xbox, lost $177m (£112m) in the three months to 30 September.


    More info can be found at BBCNews. Microsoft obviously did expect to lose money out from the console and that certainly isn't stopping them, today they officially launched the X-Box Live online service that lets gamers play online. Starter kits are now available for $49.95, which includes a year-long subscription to the service.
Topic Status:
Not open for further replies.


Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...


Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.