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> Xbox Division Maintains Profit in Q1
Xbox-Scene
post Oct 24 2008, 04:27 AM
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Xbox Division Maintains Profit in Q1
Posted by XanTium | October 23 23:27 EST | News Category: Xbox360
 
From edge-online.com:
[QUOTE]
Microsoft said Thursday that Q1 revenues rose 9 percent to $15.1 billion, a new record for the company.
Company-wide operating income was $9 billion, while net income was $4.4 billion.

Sales in the Xbox 360's Entertainment and Devices Division were $1.8 billion, down 6 percent year-on-year due to a tough comparison with last year's blockbuster launch of Halo 3 and hardware price reductions that took hold in early September.
Operating income was up 7 percent to $178 million due to "decreased cost of revenue and sales and marketing expenses."
[/QUOTE]

Full Story: edge-online.com

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MaulerX
post Oct 24 2008, 07:55 AM
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Can anyone say: "recession proof" ? Kudos to Microsoft.
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DMAddict
post Oct 24 2008, 08:15 AM
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QUOTE
Operating income was up 7 percent to $178 million due to "decreased cost of revenue and sales and marketing expenses."

Wonder if this takes into account the whole RROD debacle.
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Charbless
post Oct 24 2008, 08:55 PM
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QUOTE(DMAddict @ Oct 24 2008, 08:51 AM) *

Wonder if this takes into account the whole RROD debacle.


No it wouldn't that is separate fund
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Chancer
post Oct 25 2008, 10:36 AM
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QUOTE(MaulerX @ Oct 24 2008, 08:31 AM) *

Can anyone say: "recession proof" ? Kudos to Microsoft.

Figures based on the current economic climate will be not be in yet. The economic situation takes time to filter down. Continued recession will affect all console sales along with everything else.
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