Here lie my thoughts of me, regarding games, the community, the reviews and gamer sites and everything in between about the flashing lights and sounds we so love.
Friday, April 29, 2011
Xbox division sales up 60%, 2.4 million more Kinects sold
The January-March quarter was a good one for Microsoft's Entertainment and Devices Division, which includes the company's Xbox 360 business. The division saw revenue for the sector reach $1.94 billion, a year-over-year division increase of 60 percent.
Overall, Microsoft saw revenue of $16.43 billion, a year-on-year increase of 13 percent over the same quarter--the third of Microsoft's fiscal year--in 2010. Fiscal third-quarter profits were $5.23 billion, or $0.61 per share.
"We delivered strong financial results despite a mixed PC environment, which demonstrates the strength and breadth of our businesses," chief financial officer Peter Klein said in a statement. "Consumers are purchasing Office 2010, Xbox, and Kinect at tremendous rates, and businesses of all sizes are purchasing Microsoft platforms and applications."