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Microsoft's Ballmer Discusses Xbox 360 Plans, MS Strategy

Time: 11:26 EST/16:26 GMT | News Source: *Linked Within Post* | Posted By: Brian Kvalheim

In an email sent to all Microsoft internal employees late last week, and obtained by the Seattle Times, Microsoft Chief Executive Steve Ballmer has laid out his plans for the tech giant's future, following financial results which, despite showing increased profit, led to a sharp decline in Microsoft stock prices. Ballmer addressed these worries by noting: "Growth in FY06 has been fueled by the richest product pipeline in Microsoft history", continuing by singling out the company's next-gen console: "At more than 3 million units sold, Xbox 360 is the fastest-selling video game console ever to reach the market. Home and Entertainment [the home of the Xbox360], Mobile and Embedded, and Business Solutions all turned in stellar quarters. Taken together, these businesses show a combined revenue growth rate of 68 percent year over year."

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