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Microsoft Could See Upside from Xbox Sales-Analyst

Time: 07:54 EST/12:54 GMT | News Source: Reuters | Posted By: Robert Stein

Microsoft Corp. MSFT.O should see its current quarter results lifted by the strong holiday season performance of its Xbox video game console and related game software, an analyst said on Wednesday. Sanford C. Bernstein analyst Charles Di Bona, in a research note, said Microsoft stood to benefit from higher sales of more profitable game software even as discounts cut into its revenues from sales of the money-losing Xbox console itself.

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