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Microsoft Corporation (MSFT)
MS XBOX Division Posts Profit for Quarter 1

NextGen-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."



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