There’s No Profit Margin for Microsoft on the Xbox One X

There’s No Profit Margin for Microsoft on the Xbox One X

Microsoft’s upcoming Xbox One X is an impressive piece of kit, given its $ 499 price point. But Microsoft could only hit the specs it targeted by compromising on one critical issue: Profitability. Unlike the Xbox One and Xbox One S refresh, both of which made money from Day 1 and were profitable pieces of hardware, Microsoft isn’t earning a cent on the Xbox One X. That’s the word from Phil Spencer, head of the…

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Premier League clubs net transfer profit for first time

Premier League clubs net transfer profit for first time

Premier League clubs have recorded a transfer window profit for the first time – despite spending reaching a six-year January high of £215m. Southampton and Burnley made late deadline-day deals, while Odion Ighalo moved from Watford to China for £20m. Saints paid about £14m for Napoli’s Manolo Gabbiadini, and the Clarets brought in Robbie Brady for up to £13m. However, top-flight sides brought in £40m more than they paid out, according to finance analysts Deloitte….

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