{"id":5007,"date":"2002-06-26T10:50:00","date_gmt":"2002-06-26T14:50:00","guid":{"rendered":"https:\/\/www.animenation.net\/blog\/2002\/06\/26\/microsoft-taking-heavy-losses-on-xbox\/"},"modified":"2002-06-26T10:50:00","modified_gmt":"2002-06-26T14:50:00","slug":"microsoft-taking-heavy-losses-on-xbox","status":"publish","type":"post","link":"https:\/\/www.animenation.net\/blog\/microsoft-taking-heavy-losses-on-xbox\/","title":{"rendered":"Microsoft Taking Heavy Losses on Xbox"},"content":{"rendered":"<p>According to <a href=\"http:\/\/www.redherring.com\/insider\/2002\/0624\/xbox062402.html\" target=\"_blank\">Red Herring Magazine<\/a>, &#8220;Microsoft expects to lose $750 million in the current fiscal year ending June 30 and another $1.1 billion in the next fiscal year,&#8221; largely due to costs associated with the Xbox. Production cost alone on each Xbox console is $350, so, including advertising, distribution and other related costs, Microsoft is loosing over $150 on every console sold. However, even including the $750 million loss on the Xbox, Microsoft is still expected to report a $10 billion profit for the entire company this fiscal year.<\/p>\n<p>Microsoft has also confirmed that they are currently developing an upgraded version of the Xbox compatible with Microsoft&#8217;s UltimateTV technology which allows for digital video recording.<\/p>\n<p>Source: <a href=\"http:\/\/gamespot.com\/gamespot\/stories\/news\/0,10870,2872320,00.html\" target=\"_blank\">GameSpot<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Red Herring Magazine, &#8220;Microsoft expects to lose $750 million in the current fiscal year ending June 30 and another $1.1 billion in the next fiscal year,&#8221; largely due to costs associated with the Xbox. Production cost alone on each Xbox console is $350, so, including advertising, distribution and other related costs, Microsoft is [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5007","post","type-post","status-publish","format-standard","hentry","category-anime-news"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.animenation.net\/blog\/wp-json\/wp\/v2\/posts\/5007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.animenation.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.animenation.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.animenation.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.animenation.net\/blog\/wp-json\/wp\/v2\/comments?post=5007"}],"version-history":[{"count":0,"href":"https:\/\/www.animenation.net\/blog\/wp-json\/wp\/v2\/posts\/5007\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.animenation.net\/blog\/wp-json\/wp\/v2\/media?parent=5007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.animenation.net\/blog\/wp-json\/wp\/v2\/categories?post=5007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.animenation.net\/blog\/wp-json\/wp\/v2\/tags?post=5007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}