Times are hard. For you, for me and especially major international corporations like Xbox 360 maker Microsoft.

While at a trade show in Barcelona, Microsoft Chief Executive Steve Ballmer told Reuters, "Revenues in our industry, and in our company, will be affected by the economic conditions."


Will be? What was last January? A lark?

To be fair, those January announcements were based on forecasts. It sounds like Ballmer is softening the blow for when Microsoft finally announces its financial earnings. No further details from Ballmer on how exactly this affects the company's gaming division.

Microsoft sees sales impact from economy [Reuters via EDGE]