Xbox Division Is Back In Black [Business] (Addict 3D)
Microsoft revealed its own financial results for the previous quarter today, showing that the company's Xbox division—better known as the Entertainment & Devices Division, which also includes the Zune and more—was profitable.
More...Microsoft's Xbox 360 Division Sees Q2 Profit (Gamasutra)
Microsoft has announced the results of its fiscal 2008 second quarter, showing Xbox 360 and PC hardware and game sales up $115 million over the year prior, as the company sees overall sales of $16.37 billion and operating profits of $6.48 billion. The overall results are a 30 percent rise in sales and 87 percent rise in operating profits. The company's entire Entertainment and Devices ...
More...Microsoft says major issues with Xbox Live have been fixed (The Record)
After nearly two weeks of persistent outages and other problems, Microsoft says it has solved most major issues with its Xbox Live service, an online portal that allows video gamers to play with others from around the globe and download movie trailers and other media.
More...Xbox key to strong quarter for Microsoft (The Globe and Mail)
Technology giant pulls in revenue of $16.37-billion in latest quarter; share profit of 50 cents beats analyst expectations
More...Examiner.com Related Articles: (The San Francisco Examiner)
"It looks like a very nice report, said Sarah Friar, an analyst for Goldman Sachs, in an interview. She pointed to Microsoft's improved profitability, due to better-than-expected results in two high-margin areas, software for businesses and Xbox 360s.
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