Newsflash Signup

Buy now at Zavvi.com
Microsoft

Xbox Q1 profits grow 6%

Bookmark with Social network
Xbox Q1 profits grow 6%

Microsoft’s overall group revenues jump nine per cent year-on-year as Entertainment division's income hits $178m

Microsoft’ Entertainment and Devices division has reported a $178 million profit for its Q1 for 2008-2009.

Income in the period, representing the three months to September 30th, was up 6.18 per cent for the division, which encompasses Microsoft’s Xbox, Microsoft Games Studios, Zune, Mac games and Games For Windows. The division turned a $167 million profit in its previous Q1.

However, revenues for the division dipped year on year, from $1.93 billion in Q1 2007-2008 to $1.8 billion this time round.

The overall Microsoft Group reported a nine per cent growth in year-on-year revenue at $15.06 billion. Its net profit for Q1 stood at $4.37 billion.

Advertisement

Leave a Comment

Microsoft
MCV

ABOUT US

MCV is the leading trade news and community site for all professionals working within the UK and international video games market. It reaches everyone from store manager to CEO, covering the entire industry. MCV is published by Intent Media, which specialises in entertainment, leisure and technology markets

Intent media, Company number 03641099