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Microsoft Is Doing OK
By Jay Alan | October 27, 2007
Micrsoft, despite the Vista backlash, doesn’t seem to be having to hard a time. They even posted the first ever profit on the Xbox division. The original Xbox never actually made money, and while the 360 has been doing well, Halo 3 has been enough to push them over the top into the black:
The world’s largest software maker reported a fiscal first-quarter net profit of $4.29 billion…
But the strongest part of Microsoft’s business was its entertainment and devices division, which includes video games like “Halo 3,” the Xbox video game console and the Zune digital music player. In its report, the company said that the release of “Halo 3″ was “the biggest entertainment launch day in history.”
Sales in the entertainment and devices division surged more than 90 percent from a year ago and the unit posted an operating profit of $165 million, compared to a loss of $142 million in the same period a year ago. Sales of the Xbox game console reached 1.8 million units in the quarter.
I’m sure Microsoft is very thankful for the butt-load of coverage Project Silence gave Halo 3, I’m sure to receive my handwritten thank you not from Bill Gates any day now.
Source: CNNMoney
Topics: Games, News, Technology, Xbox 360 |