According to Next-Gen, Microsoft’s Xbox 360 division has lost $1.26-billion in fiscal 2006. What are your thoughts? Here’s what Microsoft has to say:

Remember that Microsoft partly entered the game console business for defensive reasons. It’s very hard to calculate the worth of a defensive business. I personally think Sony will have a really hard time with the PS3–fewer games at launch, $200 price premium, and yet they’re losing more money per console than Microsoft is on the 360. More long-term, imagine no PlayStation 4 and how Microsoft might profit from such an environment

[via Kotaku]

According to Next-Gen, Microsoft’s Xbox 360 division has lost $1.26-billion in fiscal 2006. What are your thoughts? Here’s what Microsoft has to say:

Remember that Microsoft partly entered the game console business for defensive reasons. It’s very hard to calculate the worth of a defensive business. I personally think Sony will have a really hard time with the PS3–fewer games at launch, $200 price premium, and yet they’re losing more money per console than Microsoft is on the 360. More long-term, imagine no PlayStation 4 and how Microsoft might profit from such an environment

[via Kotaku]