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 [URL=http://newsvote.bbc.co.uk/1/hi/technology/2480001.stm]BBCNews[/URL]. Microsoft obviously did expect to lose money out from the console and that certainly isn't stopping them, today they officially launched the [URL=http://gamespot.com/gamespot/features/all/xboxlive/index-vg.html]X-Box Live[/URL] online service that lets gamers play online. Starter kits are now available for $49.95, which includes a year-long subscription to the service.
Downloads and Drivers
From the Forums
Subscribe to TechSpot
Get free exclusive content, learn about new features and breaking tech news.