Will! Microsoft could see upside from Xbox sales-analyst Wednesday December 11, 6:10 pm ET
LOS ANGELES, Dec 11 (Reuters) - Microsoft Corp. (NasdaqNM:MSFT - News) should see its current quarter results lifted by the strong holiday season performance of its Xbox video game console and related game software, an analyst said on Wednesday.
Sanford C. Bernstein analyst Charles Di Bona, in a research note, said Microsoft stood to benefit from higher sales of more profitable game software even as discounts cut into its revenues from sales of the money-losing Xbox console itself.
"Preliminary reports from retailers indicate that game software is moving extremely well this holiday season as discount-driven console sales through the fall have boosted the installed base," Di Bona said.
Hang in there. gme will be the next star bucks. Sales are booming. The fools of the world are still chasing these ridiculously high priced tech stocks and paying no attention to the companies that are actually making money with real growth. This is a 30 dollar stock within a year. Don't let them sucker you out of your shares in the next day or two when Christmas retail sales suck. It is gonna happen. I hope we dip down to 15 or so and I will buy all I can. This is the real deal folks.