MSFT management has almost as much contempt for their stockholders (of which I am NOT one) as the White House has for the American people. The XBox loses money. LOTS of money. It will CONTINUE to lose money. They have little chance of eliminating SNE, and LESS chance of killing off Nintendo.They won't exceed Playstation's installed base this decade, I should think, if ever.
Just kill this puppy (the Xbox division). They CAN'T spin it off-- who'd buy it? Not only is a loser, it's badly architected.
The Washington Post writes: "Stewart and her former Merrill Lynch & Co. broker, Peter E. Bacanovic, were convicted in March of conspiracy, obstruction and lying to federal investigators about her December 2001 sale of ImClone Systems Inc. stock."
So she did not go to prison for insider trading, but because of her cover-up.
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