Xbox 360 to be profitable in 2008

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So Robbie Bach (President of the Entertainment and Devices Division) has come out and stated that the Xbox 360 will actually turn a profit next year.

This would be the first time in 6 years and he is obviously very excited about keeping his job this.

He puts the profit down to Software royalties, Xbox Live and the peripherals.

What may be a bit worrying is that people are complaining loudly about the cost of the peripherals and since Sony is offering a free online service the natives are getting restless about paying for Live!.

So the profit may not last long… but for now he is happy 🙂

Link to MS’s Robbie Bach: Xbox 360 to be profitable next year – Joystiq

Last Updated: May 7, 2007

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