Xbox 360 sales up while revenues drop
Microsoft reveal financial results
Microsoft have unveiled their latest sales results, the firm confirming that overall profits dropped by some 30 percent for the quarter ending June 30th.
While sales of the Xbox 360 console are on the up, the firm's Xbox division actually saw revenues drop some 3 percent over the previous 12 months; shedding over 160 million USD.
On the other hand, losses were down at the Entertainment and Devices division, losses of 130 million USD recorded for the firm's fourth-quarter, while over a 12 month period, the division remains just about in profit: 169 million USD to be precise.
Over the course of the year some 11.2 million Xbox 360 consoles were sold, compared to 8.7 million in 2008, and while fourth-quarter sales did tail off Xbox Live revenues were apparently up, helping Microsoft's bottom line.
We'll bring you more on all things Xbox soon.
Comments
Um, yeah sales were up for the year, but 360 sales posted their worst quarter in 2 years. Obviously the price drop effect is wearing off.
"...tail off..."
You meant "trail off"