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Microsoft Slumps In Third Quarter As Xbox 360 Sales Swell
>> From gamasutra.com:
[QUOTE]
Increased Xbox 360 and PC revenue couldn't keep Microsoft's Entertainment and Devices Division from reporting operating losses of $31 million during fiscal Q3, a year-on-year decrease from $106 million in operating income.
Microsoft attributed the decline to increased R&D.
However, the company's game-related revenue was up 16 percent year on year, largely thanks to more Xbox 360 console sales -- 1.7 million in the quarter ending March 31st, 2009, to be exact.
In slides shown alongside Microsoft's earnings call, the company revealed that, according to its own calculations, game and accessory attach rates for the Xbox 360 have increased to 8.3 and 3.9, respectively.
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Full Story: gamasutra.com
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