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From what little I know, I'd expect the opposite. Their war chest is what allowed them to run exploratory divisions at a loss, like the XBox and Zune groups.
by jcl 18y ago
From what little I know, I'd expect the opposite. Their war chest is what allowed them to run exploratory divisions at a loss, like the XBox and Zune groups.
- aneesh 18y agoThere will still be a big war chest because: 1) The $40B buyback is over the next 5 years. 2) At least for the next couple years, Windows and Office are still the closest thing in the world to a money printing press.
- netcan 18y agoThey are not running those out of the bank balance. They're running them out of the profits of the profitable businesses, which are still very profitable.