Proof Of What We Were All Guessing

february 3, 2003

"In a statement issued Friday, Microsoft revealed what the rest of the industry had already suspected: Sales of the software giant's powerful video game system, the Xbox, are much slower than previously thought." The whole Xbox deal was both a blessing and curse for Nvidia, mostly because of the low sales of the Xbox. Analyst are saying that, "After the way the first Xbox went, I would view Nvidia's involvement with the next Xbox as a negative." We'll see what happens to the Xbox. But, looking at the numbers, it's not looking too well, the division that handles the Xbox lost $348 million on revenues of $1.28 billion.