Microsoft’s Xbox 360 division is seeing the profit
Posted on Jan 26, 2008 under Main |Dustin Burg
Filed under: News, Console wars
Compared to last year, Microsoft’s Entertainment and Devices Division (the division that houses the Xbox 360) has pulled a metaphorical 360, going from major losses to major gains.
As part of their second quarter fiscal report, Microsoft revealed that sales from their Xbox 360 and Zune division rose three percent to $3.06 billion and was able to turn a profit. A profit of $357 million. Seeing a profit that high is in stark contrast with last year’s financial numbers which saw the division losing $302 million. So, in effect, the Xbox 360 was able to reverse its losses and go up $650 million year over year. Not bad, especially for a Microsoft division that never saw a dime of profit in the original Xbox days. Congrats!
microsoft, xbox-360
Source: Microsoft’s Xbox 360 division is seeing the profit
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