Microsoft loses 400 million on the Xbox One.

#1PannerPosted 8/10/2014 11:22:24 AM
http://news.softpedia.com/news/Microsoft-Reports-400-298-Million-Loss-on-the-Xbox-One-454321.shtml

I didnt see this posted anywhere, but im sorry if it already has.
losing that kind of money is nuts.
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#2ValorZraykPosted 8/10/2014 11:26:25 AM
I wonder if the 360 covered that loss.
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#3Infinite 2003Posted 8/10/2014 11:27:15 AM
It's negative news about about Microsoft. Of coarse it's been posted. More than once.
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#4warz0r09Posted 8/10/2014 11:27:29 AM
pocket change compared to how much MS lost with 360 at first because of red ring.
#5duericPosted 8/10/2014 11:29:02 AM
Every console manufacturer loses money on the hardware, dude. It's a given in the industry.

Once they get the console in your home it's like a Trojan Horse. It's worth it to take a loss on the hardware so they can make a bundle on the software and advertising and such.
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#6Juzten76Posted 8/10/2014 11:31:46 AM
And Sony has lost billions multiple times.
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#7BigBossMakaveliPosted 8/10/2014 11:34:08 AM
Not a good look investors already want to close shop on the gaming division.
#8scoobydoobydontPosted 8/10/2014 11:34:16 AM
http://www.forbes.com/sites/danielnyegriffiths/2014/05/14/sony-fy-2014-earnings-winning-the-console-battle-losing-the-profits-war/

http://kotaku.com/people-are-buying-the-wii-u-but-nintendo-is-still-losi-1613193985

Not really newsworthy, the start of a new gen is always a money sink for the first year or two. Wii was an exception, not the rule.
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#9bgwilly255Posted 8/10/2014 11:34:50 AM
It's not a really bad thing. Sony is clearly winning in sales, but lost 200mil as well. It's just how consoles are in they're first few years.
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#10TOhasNoRingPosted 8/10/2014 11:37:25 AM
I thought it was obvious consoles were always sold at a loss...
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