Group: Admin
Posts: 4177
Joined: 17-May 02
From: Yurop
Member No.: 1
Xbox Version: unk
360 version: unknown
Xbox Division Posts Q1 Profit
Posted by XanTium | October 25 17:52 EST | News Category: Xbox360
From next-gen.biz: [QUOTE] Microsoft has reported a quarterly profit in the Xbox's Entertainment and Devices Division, as the segment aims for its first full year of profitability. Microsoft posted unaudited operating income for its first quarter ended September 30 of $165 million in the Entertainment and Devices Division, compared to a loss last year of $142 million.
Overall, Microsoft revenues were up 27 percent year-on-year to $13.8 billion, beating the guidance of $12.4-$12.6 billion. Operating income was $5.9 billion, similarly exceeding the guidance of $5.0-$5.2 billion.
During the quarter, Microsoft said it sold 1.8 million Xbox 360 consoles, with record attach rates during the quarter in the US. [/QUOTE]
Group: Members
Posts: 630
Joined: 26-April 07
Member No.: 340077
Xbox Version: v1.0
360 version: v1 (xenon)
i doubt it still costs them 200 since they have been making the console for a while now and costs have gone down dramatically....though with the new revisions of boards it still might be up there
Group: Members
Posts: 93
Joined: 15-August 06
Member No.: 294959
QUOTE(eduardor2k @ Oct 25 2007, 12:33 PM)
Even if halo had nothing to do with that , it's god news that for first time the entertainment division is earning some money.
I'm pretty sure they also had a brief quarter of profit back when Halo 2 was originally released.
I think this also explains away some of the jettisoning of 'extra' development studios. Too risky to be running that many internal studios which eat into revenue, especially if they start to put out lackluster titles (thinking of you, Rare!).
Group: XS-BANNED
Posts: 2519
Joined: 23-August 04
Member No.: 141039
Xbox Version: v1.0
360 version: unknown
QUOTE(MysticalMagnet @ Oct 26 2007, 01:13 AM)
i doubt it still costs them 200 since they have been making the console for a while now and costs have gone down dramatically....though with the new revisions of boards it still might be up there
earlier on this year it costed them 300 bux....it should be cheaper now so...
Group: Members
Posts: 11
Joined: 17-November 03
Member No.: 74844
I'm sure this does not include the amount of money they spent in replacing 360's. The ROD is still most likely killing any profits they claim to have made. I've gone through 2 360s with the ROD, but this news is probably helping their stocks from dropping. Burn Microsoft Burn.. Bring me Google OS.
This post has been edited by DoOZer79: Oct 26 2007, 01:20 PM
Group: XS-BANNED
Posts: 2519
Joined: 23-August 04
Member No.: 141039
Xbox Version: v1.0
360 version: unknown
QUOTE(DoOZer79 @ Oct 26 2007, 02:53 PM)
I'm sure this does not include the amount of money they spent in replacing 360's. The ROD is still most likely killing any profits they claim to have made. I've gone through 2 360s with the ROD, but this news is probably helping their stocks from dropping. Burn Microsoft Burn.. Bring me Google OS.