Microsoft Corporation (MSFT)MS XBOX Division Posts Profit for Quarter 1NextGen-Biz - October 25, 2007
Submitted by Animate (241)
at 3:16PM PST on October 25, 2007
"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."
1
chuckle at the downbids...