Xbox business not affected by 'slumping' U.S. economy

[Zeus]

The President of Entertainment & Devices Division at Microsoft, Robbie Bach, has said that they have not seen a slowdown on the consumer side of their business from the slumping U.S. economy. According to Reurters: "The Xbox business has been doing very well, according to Bach, who noted that the video games business moves on new release cycles and not economic ones. He also said he expects Xbox to have a strong holiday shopping season."

News Source: <a href="http://www.reuters.com/article/marketsNews/idUSN0932630620080909?pageNumber=1&virtualBrandChannel=10284&sp=true" target=_blank">reuters</a>