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Microsoft's CEO will have to shop for his Xbox

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CIOL Bureau
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WASHINGTON: Microsoft Corp.'s Chief Executive Steve Ballmer will have to shop around for an Xbox 360 game console this holiday season just like the rest of us -- it doesn't come with his job.

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"The Ballmer children do not have their Xbox 360 yet. I'm in the same boat as many of you," Ballmer said. "Thanks to the wonders of Sarbanes-Oxley, management does not get a free Xbox 360," he quipped at a meeting of technology industry executives.

Under financial disclosure rules, Microsoft would have to classify a free game console as income for Ballmer.

The premium version of Microsoft's next-generation game machine carries a $400 price tag.

The Xbox 360 debuted in North America on Nov. 22 and Microsoft estimates that it will sell 5.5 million units worldwide by the end of next June.

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