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MS Financials Show Xbox Div Profit
>> From edge-online.com (formerly next-gen.biz): [QUOTE] The company's financial statement also mentioned that revenues generated from Xbox 360 and PC gaming alone for the quarter was up $234 million or 35% versus the same time last year. Revenues for the division for the year came in $8.140 billion, compared to $6.069 billion for fiscal 2007. The division also posted a $426 million operating profit for the year, compared to the previous year's loss of $1.969 billion. According to the report, Xbox 360 and PC gaming revenue for the year was up $1.7 billion, or 41%.
According to the report, Microsoft shipped 1.3 million Xbox 360s in the three months ending June 30th; this compares to about 700,000 shipped in the same period last year. For all of fiscal 2008 the company shipped 8.7 million consoles, compared to 6.6 million the year before. [/QUOTE]
Full Story: edge-online.com
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