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  Gates: Losses are very intentional
Time: 10:44 EST/15:44 GMT | News Source: ZDNet | Posted By: Byron Hinson

Bill Gates isn't concerned about the money Microsoft's four loss-making units are losing--it's all part of the plan. Just days after revealing for the first time profit and loss figures for the software giant's seven units - also showing just how much of a cash cow the company's operating system and desktop applications units are - Gates defended the newer divisions. He told the the Financial Times at this week's Comdex Fall trade event: "Of the businesses that we are investing in, (the losses are) all very intentional. It is not like we thought we'd be making money on Xbox at this point, or on business solutions, or mobile, or MSN."

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#276 By 4240821 (45.88.102.114) at 11/15/2024 10:40:26 PM
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