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  Commentary: Xbox Problems? Microsoft's Not Singing the Blues
Time: 12:34 EST/17:34 GMT | News Source: Business Week Online | Posted By: Robert Stein

When Microsoft Corp. (MSFT ) launched its Xbox game console 18 months ago, Microsoft watchers braced for a long, costly slog. The company had started years behind the leaders, Sony (SNE ) Corp. and Nintendo (NTDOY ) Co. And when the billions spent began to drag on earnings, analysts wrung their hands over the Xbox "black hole."

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