Friday, December 06, 2002

Microsoft Not Cutting Losses with Xbox "Despite dropping into the number three spot behind Sony and Nintendo in the video game market, Microsoft says that it is not throwing in the towel and will instead double its investment in the Xbox video game console. Microsoft CFO John Connors told analysts in Scottsdale, Arizona yesterday that the software giant wasn't considering an exit strategy and would instead "double down and make it successful.""
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