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Xbox Division Scores Profit
>> From next-gen.biz:
[QUOTE]
Microsoft's Entertainment and Devices Division posted a healthy quarterly rise on Thursday thanks to strong Xbox 360 console sales, as the games business turned a profit for the third straight quarter.
Revenues for ED&D were $1.58 billion for the quarter ended March 31, versus sales of $935 million for the same quarter a year prior, representing a 68 percent rise.
Operating income for the division, which includes Xbox, PC games and the Zune media player, was $89 million, up from an operating loss of $324 million for the comparable quarter.
As a whole, Microsoft posted sales of $14.45 billion with operating income of $4.41 billion, compared to $14.4 billion and $6.6 billion a year ago, respectively.
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Full Story: next-gen.biz
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