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August 31, 2013 02:18 am GMT

Microsoft's Next CEO Will Not Spin Off Xbox, Unless They Abdicate The Company's Larger Strategic Direction

2013-08-30_14h39_51A story published by Bloomberg floats the idea that Microsoft might spin off its Xbox business, which it calls "more likely [following current CEO Steve Ballmer's] exit." The publication values Xbox at around $17 billion, a figure based on a comparative revenue multiple with Nintendo. This is precisely the sort of bilge that cavorts and pretends to be serious analysis.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/MBZQF1DfbhY/

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