(Reuters) - The company had warned earlier this month that it would
incur a charge of up to $1.15 billion in the quarter ended in
June to fix an "unacceptable" number of Xbox 360 repairs and
offer a new extended warranty to customers.
Shares of Microsoft have risen 6 percent in the year to
date, compared to a 10 percent gain in the S&P 500 during the
period.
Read more at Reuters.com Business News
incur a charge of up to $1.15 billion in the quarter ended in
June to fix an "unacceptable" number of Xbox 360 repairs and
offer a new extended warranty to customers.
Shares of Microsoft have risen 6 percent in the year to
date, compared to a 10 percent gain in the S&P 500 during the
period.
Read more at Reuters.com Business News
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