GC and GBA sales in Europe continue Nintendo's upward trend

[A Black Falcon]

Not a tabloid, but they do like to attack Microsoft and stuff...

Its not the National Enquirer. :)

What it says is that Microsoft admitted that they'll lose money on the X-Box overall and only will probably start making money on the thing sometime in the X-Box 2.

Microsoft CFO: Xbox will never be profitable

Xbox 2 may achieve the crossover

By INQUIRER staff: Friday 30 January 2004, 10:15
THE CHIEF FINANCIAL officer of Microsoft told analysts earlier this week that the current Xbox console will never be profitable.

In a very long presentation, John Connors told analysts in Boston: "There's no way to make money on the console in this first generation".

He said: "The real crossover in terms of profitability delta is when we get to the next generation of the Xbox console."

The key to making profits with the Xbox 2, he added, is how Microsoft does the hardware and chipset design, and how it sets up the supply chain.

When those elements are right, he said, "we have a good crossover point where that big negative number is no longer a negative number".

Here's the full text of Connors' speech. µ

It links said very long speech, and it is indeed very long. :)