1) Xbox repairs cost Microsoft $1B

That's bad enough. I didn't realize that Steve Jobs worked for Microsoft, too.

2) So far Microsoft has the lead on Sony in the battle for high-end video game machines, but it shipped only 11.6 million 360s by the end of June, compared with a target of about 12 million... Microsoft had already cut its forecast for Xbox 360 shipments in January. It had previously forecast shipments of 13 million to 15 million by the end of June.

That's potentially worse, especially considering that the Xbox 360's USA release date was November 22, 2005, while the release dates for the PS3 and Wii were November 17, 2006 and November 19, 2006, respectively. The Wii is already taking sales from Microsoft, and it's only a matter of time before the PS1/2 gamers decide to upgrade to the PS3, en mass (probably after the first round of price cuts).

Xbox repairs cost Microsoft $1B