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From: Yurop
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Microsoft Posts Higher Q4 Profit Despite Xbox Charges
Posted by XanTium | July 19 18:31 EST | News Category: Xbox360
From gamesindustry.biz: [QUOTE] Microsoft has announced revenue of USD 51.12 billion for the fiscal year ended June 30, a 15 per cent increase over the prior year. Revenue growth was driven primarily by Windows Vista and Microsoft Office 2007.
Despite taking a USD 1.15 billion charge related to Xbox 360 warranty issues, Microsoft finished the quarter ending June 30 with revenue of USD 13.37 billion and net profit of 3.04 billion. [/QUOTE]
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Pretty bizarre if you think about it. Taking a $1.9 bln hit in one division but still making $51 bln a year. For comparison: that's about the same amount as the GDB of a country like Kuwait.