MS backs Xbox with $500 million

Source: Tech.Altavista



Robbie Bach, senior VP of Microsoft's games division, explained, "This will be the biggest launch Microsoft has ever done." $500 million will be spent on the console's first 18 months of availability.

He continued, "Our hardware design is complete. We are now building the form factors, the forms to actually put components in. We are now at the stage where were making serious progress in bringing Xbox to life," Bach added. "The PC market is very important to us because it's where a lot of the innovation comes from in terms of technology. But we have to be successful in more than just PC gaming. Xbox really is designed to penetrate that marketplace. It's also designed to bring us another anchor tenant in the home."

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