Red ring of Xbox death costs Microsoft $1bn
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Hot money hole Microsoft is taking a $1bn hit to fix Xbox 360s, conceding residual hardware faults in its games console are causing users frustration and an "unacceptable number of repairs."â¦
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Company claims one million songs sold since prices were cut.
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Microsoft Corp.  said on  Thursday it eked out a gain in net profit despite taking a $1  billion charge to pay for repairs to its Xbox 360 game  consoles.
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In another setback for Microsoft Corp.'s unprofitable entertainment and devices division, the company says it is planning to spend at least $1 billion to repair serious problems with its Xbox 360 video game console.
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Just days after Microsoft Corp. took a more than US$1 billion earnings charge to fix hardware problems in Xbox 360 consoles, a class-action suit says that the consoles also damage game discs.
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Microsoft on Thursday cited âan unacceptable number of repairsâ to its Xbox 360 for the charge, and announced an extended warranty for the video game console.
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Microsoft Corp. will not say what went wrong inside of its Xbox 360 video game consoles that could lead to $1 billion (euro740 million) in repairs, but bloggers and their online readers seem to have their own answer:
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Why is the Microsoft OS so much more expensive in the United Kingdom than in the United States? More than 1,250 Brits are angry.
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Microsoft paid $20m(Â£10.6m) to one of its fiercest critics, the Computer and Communications Industry Association, after the group dropped out of an EU anti-trust case against the software giant, it emerged today.
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Blog: The software maker will cover the game console for up to three years for certain hardware failures. Microsoft says it is taking a charge of more than a billion dollars to cover the cost of the move, which followed an investigation into reports of problems
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Unisys is waving goodbye 1,400 workers and getting rid of unused facilities, to save $70ma year by the end of 2005. The computer services firm will take a one-time $63m charge to earnings for the actions, the
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Microsoft says its Zune music player will cost $249.99 in the US when it goes on sale on 14 November.
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You will comply The European Commission has warned Microsoft it could face further penalties over what it calls "unreasonable pricing" of interoperability information.â¦
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Microsoft Corp.  on  Wednesday announced U.S. and European pricing and availability  for its Xbox 360 HD-DVD player and a new video game partnership  with the Academy Award-winning husband-and-wife creative team  behind "The Lord of the Rings."
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Microsoft will send out replacement parts for its Xbox 360 Wireless Racing Wheel after 50 reports that the video game controllers overheated and released smoke when plugged in.
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"Halo" is crucial to the success of Microsoft's Xbox video game business, which has lost billions of dollars since it was started in 2001.
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The head of the world&#39;s largest contract chip manufacturer said Thursday it will cost an estimated $1 billion (euro 776 million) for his company to develop the latest chip production technology.