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Xbox Warranty Drives $1.9 bln Loss
Written by admin.

More specific details have been revealed on the exact dismal situation which Microsoft has reported for the year ended June 30th. Losses for the Entertainment division increased by 47 percent due largely to a $1.06 billion charge as a result of the extension of the Xbox 360 warranty. Further to this MS shipped just 700k consoles during the quarter compared to 1.8 million for the same period last year.

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