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About Rainier

PC gamer, WorthPlaying EIC, globe-trotting couch potato, patriot, '80s headbanger, movie watcher, music lover, foodie and man in black -- squirrel!

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Microsoft's Xbox Division Makes Profit

by Rainier on Oct. 25, 2007 @ 4:06 p.m. PDT

Unlike the gloomy Sony news from earlier today, Microsoft's latest quarterly financial result reveals that its Entertainment and Devices Division (Games for Windows and Xbox branch) has turned its longtime red numbers into black. While its overall business keeps thriving, with a 27% revenue increase amounting to $13.76 billion, the games division came back from a $142M operating loss to close September with $165M profit, probably in no small part due to Halo 3's success.
Unlike the gloomy Sony news from earlier today, Microsoft's latest quarterly financial result reveals that its Entertainment and Devices Division (Games for Windows and Xbox branch) has turned its longtime red numbers into black. While its overall business keeps thriving, with a 27% revenue increase amounting to $13.76 billion, the games division came back from a $142M operating loss to close September with $165M profit, probably in no small part due to Halo 3's success.
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