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The Thinking Is Wishful: Microsoft Sticking To 2008 Profit Forecasts
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<blockquote data-quote="gamer" data-source="post: 6418"><p><img src="http://kotaku.com/assets/resources/2007/07/bach.jpg" alt="" class="fr-fic fr-dii fr-draggable " data-size="" style="" /><a href="http://kotaku.com/gaming/no-brainer/microsoft-expands-360-warranties-275370.php" target="_blank">Microsoft's announcement today that they're going to be ponying up for the repair bills for busted 360s</a> is going to cost them. Around $1 billion. Small change, that is not. That amount of money would put a dent in <em>any </em>company's profit forecasts, especially one that's traditionally struggled to break even, but not <a href="http://kotaku.com/gaming/microsoft/" target="_blank">Microsoft</a>'s games division. <a href="http://kotaku.com/gaming/robbie-bach/" target="_blank">Robbie Bach</a>:<p style="margin-left: 20px">Our goal has been to have Xbox profitable in the coming fiscal year 2008. We don't think this changes that in any way.</p><p>Sound nutty? It's not. They've thrown the bill onto 2007's fiscal results (which ended, conveniently, last week), so that this year's aren't affected. Cheeky sods. </p><p><a href="http://uk.reuters.com/article/technology-media-telco-SP/idUKN0519399820070705?feedType=RSS" target="_blank">Microsoft says sticking to Xbox 2008 profit view</a> [Reuters]</p><p><a href="http://blog.wired.com/games/2007/07/interview-micro.html" target="_blank">Interview: Microsoft's Peter Moore On 360 Warranties, E3 Tattoos</a> [Game|Life]</p><p><a href="http://feeds.gawker.com/~a/kotaku/full?a=oZwqeX" target="_blank"><img src="http://feeds.gawker.com/~a/kotaku/full?i=oZwqeX" alt="" class="fr-fic fr-dii fr-draggable " data-size="" style="" /></img></a></p><p></p><p></p><p><a href="http://kotaku.com/gaming/the-thinking-is-wishful/microsoft-sticking-to-2008-profit-forecasts-275429.php" target="_blank">More...</a></p></blockquote><p></p>
[QUOTE="gamer, post: 6418"] [IMG]http://kotaku.com/assets/resources/2007/07/bach.jpg[/IMG][URL="http://kotaku.com/gaming/no-brainer/microsoft-expands-360-warranties-275370.php"]Microsoft's announcement today that they're going to be ponying up for the repair bills for busted 360s[/URL] is going to cost them. Around $1 billion. Small change, that is not. That amount of money would put a dent in [I]any [/I]company's profit forecasts, especially one that's traditionally struggled to break even, but not [URL="http://kotaku.com/gaming/microsoft/"]Microsoft[/URL]'s games division. [URL="http://kotaku.com/gaming/robbie-bach/"]Robbie Bach[/URL]:[INDENT]Our goal has been to have Xbox profitable in the coming fiscal year 2008. We don't think this changes that in any way.[/INDENT]Sound nutty? It's not. They've thrown the bill onto 2007's fiscal results (which ended, conveniently, last week), so that this year's aren't affected. Cheeky sods. [URL="http://uk.reuters.com/article/technology-media-telco-SP/idUKN0519399820070705?feedType=RSS"]Microsoft says sticking to Xbox 2008 profit view[/URL] [Reuters] [URL="http://blog.wired.com/games/2007/07/interview-micro.html"]Interview: Microsoft's Peter Moore On 360 Warranties, E3 Tattoos[/URL] [Game|Life] [URL="http://feeds.gawker.com/~a/kotaku/full?a=oZwqeX"][IMG]http://feeds.gawker.com/~a/kotaku/full?i=oZwqeX[/IMG]</img>[/URL] [url=http://kotaku.com/gaming/the-thinking-is-wishful/microsoft-sticking-to-2008-profit-forecasts-275429.php]More...[/url] [/QUOTE]
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