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Xbox Division Maintains Profit in Q1
>> From edge-online.com:
[QUOTE]
Microsoft said Thursday that Q1 revenues rose 9 percent to $15.1 billion, a new record for the company.
Company-wide operating income was $9 billion, while net income was $4.4 billion.
Sales in the Xbox 360's Entertainment and Devices Division were $1.8 billion, down 6 percent year-on-year due to a tough comparison with last year's blockbuster launch of Halo 3 and hardware price reductions that took hold in early September.
Operating income was up 7 percent to $178 million due to "decreased cost of revenue and sales and marketing expenses."
[/QUOTE]
Full Story: edge-online.com
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