Thursday, October 25, 2007

Halo 3 Leads Microsoft Games Division to Profitable Quarter


Fresh off the news that their primary competitor Sony is reporting a $841 Million loss this past quarter, Microsoft's Entertainment and Devices division, which houses all things Xbox, has turned a profit. In the most recent quarter that ended September 30, the division had revenue of $1.929 billion and operating income of $165 million -- a remarkable turnaround over the same period last year, when they reported revenue of $1.011 billion and an operating loss of $142 million.

It's seems a certain record-shattering Spartan soldier had something to do with it.Microsoft Corporation itself had an operating income of $5.92 billion and revenue of $13.76 billion. That's a 27% revenue increase over the same time last year, reportedly its biggest increase since 1999.

Meanwhile the $841 Million loss by Sony's game division was more than double the $381 Million loss reported during the same period a year ago.

No comments:

Post a Comment

Thanks for commenting. Hearing reader thoughts and opinions is what keeps us going! GameJonez values your right to privacy and we want everyone to have a pleasant experience whenever they visit GameJonez. To ensure that you are not subjected to spam ads, personal attacks or profanity, every comment is personally moderated by Tiberius Jonez prior to publication. This process usually only takes a few minutes, but can sometimes take as long as 24 hours. Thanks in advance for your patience and understanding, and as always...Thanks for visiting GameJonez. Game on!!

Note: Only a member of this blog may post a comment.