MSFT Stock — Microsoft Might Become the Ex-Xbox Maker
While Microsoft (MSFT) isn’t the software powerhouse it was fifteen years ago, it’s still a powerhouse, and isn’t going anywhere anytime soon.
That said, life would be so much better — and easier — for the company if it wasn’t distracted by its relatively minor Xbox business. It’s usually a profitable venture, barring the periods when it develops and manufactures new systems. But it can be a drag on time and resources.
Selling the gaming unit isn’t a new idea. It simply wasn’t a hot-button issue again until last year, when a new Xbox hit shelves. The problem is, new CEO Satya Nadella is a big fan of the gaming device, and says he’s not letting go.
Then again, it’s not like Nadella can announce the sale of the division before it’s ready to make such a split. So maybe investors just need to be a little more patient.