Microsoft's gaming division profits again!
Category: Industry, Posted: 01/26/2008 at 01:42PM EST by Billy Wang, Contributor
Microsoft released its second quarter financial earnings and for the second time in a row, Microsoft's gaming division earned a profit during the quarter. The company's gaming division earned a profit gain of $357 million, which is up from a loss of $303 million during the same period last year.
Total revenue for the entire company during the last fiscal quarter reached $16.37 billion, which is up from $12.54 billion during the same period last year. Microsoft also reported a profit gain of $4.7 billion, which is up from $2.6 billion last year.
Microsoft went on to mention that Windows Vista sales have surpassed 100 million licenses and reminded everyone that worldwide Xbox 360 sales hit 17.7 million units too.
Chris Liddell, CFO at Microsoft, said, "Revenue of over $16 billion this quarter exceeds our previous record by $2 billion. We are extremely pleased by the broad based strength of our business performance and field execution. Throughout the first half of our fiscal year, all of our businesses met or beat our expectations."
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Microsoft Entertainment & Devices Division would be rocking were it not for crap like MSN TV and the Zune. It's good to see the Xbox 360 carrying that division now.
theres nothing wrong with the zune, the ipod just came out first lol
Oh I LOVE the Zune, don't get me wrong. I have one, even. The problem is that the Apple drones aren't looking at it, so the Zune isn't gaining traction, despite being a far superior product.
i definitely agree with that lol i would much rather have it then a ipod :P
Another example of how profits pleasing the shareholders seems suddenly important to us. Did they forget that the hardware that we play the games on is sh*t? Thank you for years of aggravation with your products Microsoft, i am glad i helped push your gaming division into the black.
I have a Zune and and I-penis, i mean I-pod. It is probably the only Microsoft product that ever worked for me, far more user friendly then my I-pod. I am just waiting for it to get the red ring of death, lol.