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Xbox division loses $31 million, 360 sales up 30%

Joystiq - April 24, 2009


Submitted by oznerol (4) at 6:49AM PST on April 24, 2009


Microsoft's third quarter may not have been the hotness, but the company's entertainment and devices division (that's Xbox) can have a very tiny fiesta to celebrate its sales victory. The mega-corp's revenues took a 6% beating, with net income down 32% over the prior year to $2.98 billion. The Xbox's (Zune, etc.) entertainment and devices division lost 31 million this quarter, after achieving a $106 million profit during the same time last year.



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