Xbox, Microsoft and profit margins
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For the last two years, Microsoft’s video game division has been working to meet financial targets that are well in excess of the typical industry standard, which has led to waves of layoffs, canceled projects,
Oct 24 - Microsoft (NASDAQ:MSFT) shares rose 0.4% on Friday morning, following reports that the company has set strict profit margin goals for its Xbox division. The tech giant aims for Xbox to achieve margins of about 30%,