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Microsoft Corporation (MSFT)
Microsoft's Annual Revenue Reaches $60 Billion
Microsoft's Annual Revenue Reaches $60 Billion
Yahoo - July 17, 2008
Submitted by mrahaju (9) at 3:10PM PST on July 17, 2008
Entertainment and Devices Division ("EDD") revenue increased primarily due to increased Xbox 360 platform sales. Xbox 360 platform and PC game revenue increased $1.7 billion or 41%.
EDD operating loss decreased primarily due to decreased cost of revenue and increased revenue, partially offset by increased research and development expenses and sales and marketing expenses.
4th Quarter loss : $188 Million. Full Year Profit : $426 Million.
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