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CNET: Xbox division's loss doubles

Division lost $190 million during the last quarter. Don't worry though; Microsoft will keep losing money for quite a while but it won't give up. It's just too strategic as a critical beachhold into the living room where the role of the Xbox will expand. Further, it's a market that Microsoft can't afford to just hand over to Sony which now gets about 40% of all it's revenue from Playstation sales.

Print | posted on Thursday, May 15, 2003 1:04 PM |

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