While Microsoft Corp. has seen an increase in revenues, its entertainment and devices division (Xbox 360, Zune) has not. It is now posting losses to the tune of 1.89 billion bucks. For those keeping score, that's up 47 percent from last year. Plus, the number of Xbox 360s shipped dipped to 700,000 from 1.8 last year. Xbox 360 game sales, likewise, were down, falling 28 percent. Good news! A reduction in Xbox 360 manufacturing costs helps to offset the loss. Still with Xbox honcho Peter Moore jumping ship to be with his college-aged children and division prez. Robbie Bach selling off millions in stock, I can't help but thinking in the back of my mind that things could get worse. Let's chalk it up to me being paranoid or something.
Msoft Loses Money [Games Industry]

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