It’s not even a year since launch and Microsoft has gotten over six million Xbox 360s to people from all over the world. And with this, comes a big hike in the percentage of profits for Microsoft.
According to Next Gen Biz, the operating incomes and revenue for the period of July to September 2006 went up 11% compared to the July to September period of last year. That’s pretty good, isn’t it? Well, it gets better.
The Entertainment and Devices department’s revenue has increased by 70% in the period July to September 2006 compared to the July to September period of last year. The revenue for that period last year was $606 million to $1.03 billion revenue for that period this year. That department also recorder an operating loss of $96 million this year. While this may sound like a lot to lose, it’s not that much really when compared to last year’s loss of $173 million.
One final interesting statistic to be found in that article is that the number of users who are currently using the Xbox Live service currently stands at 4 million. So you don’t have to work it out, that means that 2 out of every 3 Xbox 360 users are connected to Xbox Live.
My thanks to IMI for submitting this via the News Submit.