Microsoft gaming revenues up 30 per cent this quarter

Microsoft gaming revenues up 30 per cent this quarter

Microsoft gaming revenues up 30 per cent this quarter

Microsoft ended its fiscal year on June 30 and today reports making record numbers for their fourth quarter and their entire year. The gaming division, however, had some unusual ups and downs.

For the quarter, things looked good. Microsoft sold 1.5 million consoles in Q4 versus the 1.2 million they sold during the same time last year. Revenues for the Entertainment and Devices Division (which houses all Xbox-related stuff) were up 30 percent to US$228 million in the quarter.

From the full-year perspective, however, the gaming division slipped. Sales of consoles dropped to 10.3 million compared to fiscal year 2009's 11.2 million, while revenues for both the Xbox and PC market shrank by US$12 million with fewer consoles sold.

The silver lining here is that revenues from Xbox Live are booming. During the earnings call, Microsoft said that for the first time ever, Xbox Live market revenue exceeded the revenues they get from Xbox Live subscriptions. With over 25 million Xbox Live members, it's easy to imagine how that happened.

Microsoft hopes to keep the money train going with Kinect and the new Windows 7 phone due out this holiday season. Kinect is due out November 4 in North America for US$150.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags MicrosoftsoftwareapplicationsfinancialgamesFinancial / tax

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

AJ Glasser

GamePro
Show Comments

Father’s Day Gift Guide

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?