Recently, Microsoft gave their investors exactly what they wanted. They handed over their Q1 2009 fiscal results (MS's fiscal year starts in June) to hungry investors and, lo and behold, the Xbox 360 division turned a profit!
The Entertainment and Devices Division (EDD) - the division that houses products like the 360 and Zune - boasted an operating income of $178 million, up from last year's $167 million, and an overall revenue increase of 9%. Though, technically, the 360 wasn't the big bread winner as other products in the EDD accounted for $216 million in sales. Microsoft also revealed that lifetime Xbox 360 sales have reached 22 million, which is 2 million shy of the original Xbox's install base. Golf clap for team 360.
[Thanks, Scott O.]
