AVForums

Our philosophy in our forums, reviews, podcasts and feature videos is to promote audio and visual excellence by gathering and sharing the best information and resources available.

Help

To begin please visit our help section »

Not a Member Yet?

It only takes a minute to start enjoying the benefits of AVForums membership, and it's free!

Member Log in

Microsoft pays high price for Zune and Xbox

Post Reply
Old 30-04-2007, 8:20 AM   #1
News Supplying Robot
Join Date: Sep 2004
Location: Cyberspace
Experience Points:
206,601, Level: 100
Points: 206,601, Level: 100 Points: 206,601, Level: 100 Points: 206,601, Level: 100
Activity: 99.0%
Activity: 99.0% Activity: 99.0% Activity: 99.0%
Thanks: Gave 0, Got 273
Posts: 13,437
Post Microsoft pays high price for Zune and Xbox

Adventures with the Zune and Xbox continue to cost Microsoft dearly. The software giant has reported a 20 per cent decline in third-quarter revenue for its entertainment and devices division. Revenue dropped from 1.2 billion dollars to 929 million dollars. In a statement, the company said: “EDD revenue decreased during the three months ended March [...]
More...
  Quote
Old 30-04-2007, 6:56 PM   #2
Member
Join Date: Feb 2006
Experience Points:
2,337, Level: 11
Points: 2,337, Level: 11 Points: 2,337, Level: 11 Points: 2,337, Level: 11
Activity: 0.9%
Activity: 0.9% Activity: 0.9% Activity: 0.9%
Thanks: Gave 7, Got 7
Posts: 88
Re: Microsoft pays high price for Zune and Xbox

Zune must have cost them a LOT of money! It's not the popular MS product ever is it! Still, this all has to be taken into the 'big' MS $$$ pot. Which as always will be a nice tidy cash rich sum. Especially with Vista pricing levels as they are. Bill will enjoy another nice year doubtless

I enjoy looking on the web at his share option filings. You can see him selling $100,000,000 at a time of his shares. And he still has nearly a billion shares left
  Quote
Old 02-05-2007, 2:11 PM   #3
Member
 
michael.redfern's Avatar
Join Date: Oct 2003
Location: Manchester
Experience Points:
4,713, Level: 16
Points: 4,713, Level: 16 Points: 4,713, Level: 16 Points: 4,713, Level: 16
Activity: 0.4%
Activity: 0.4% Activity: 0.4% Activity: 0.4%
Thanks: Gave 24, Got 67
Posts: 720
Re: Microsoft pays high price for Zune and Xbox

Quote:
Originally Posted by dazmb View Post
I enjoy looking on the web at his share option filings. You can see him selling $100,000,000 at a time of his shares. And he still has nearly a billion shares left
Yeah, but to be very very fair to the man, he does put most of the profits from sales of his shares into his foundation. It currently has $32billion in the bank, most of which he donated, so it's not like he's selling shares to buy a new kitchen or extend the back lounge.
  Quote
Old 02-05-2007, 10:02 PM   #4
Member
Join Date: Feb 2006
Experience Points:
2,337, Level: 11
Points: 2,337, Level: 11 Points: 2,337, Level: 11 Points: 2,337, Level: 11
Activity: 0.9%
Activity: 0.9% Activity: 0.9% Activity: 0.9%
Thanks: Gave 7, Got 7
Posts: 88
Re: Microsoft pays high price for Zune and Xbox

Quote:
Originally Posted by michael.redfern View Post
Yeah, but to be very very fair to the man, he does put most of the profits from sales of his shares into his foundation. It currently has $32billion in the bank, most of which he donated, so it's not like he's selling shares to buy a new kitchen or extend the back lounge.
I don't disagree. I'm a big fan of Bill and MS tbh. Fair play to him
  Quote
Post Reply



Thread information and display options
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off