Microsoft could see upside from Xbox sales
Reuters | at | by Mike
Microsoft should see its current quarter results lifted by the strong holiday season performance of its Xbox video game console and related game software, an analyst said on Wednesday. Sanford C. Bernstein analyst Charles Di Bona, in a research note, said Microsoft stood to benefit from higher sales of more profitable game software even as discounts cut into its revenues from sales of the money-losing Xbox console itself. "Preliminary reports from retailers indicate that game software is moving extremely well this holiday season as discount-driven console sales through the fall have boosted the installed base," Di Bona said.