NEWS - Friday, April 29, 2005

Xbox Back In The Red

Xbox back in the red in latest Microsoft figures Home and Entertainment Division records an operating loss for the March quarter Software giant Microsoft has announced its financial results for the first quarter of 2005, revealing that while the company overall saw solid profit growth, the Xbox division slipped back into the red with a $164 million operating loss. Revenues in the Home and Entertainment Division, which primarily houses the Xbox project, actually grew year on year - rising to $583 million from $519 million in the same quarter last year. The operating loss in the division also dropped year on year, falling to $164 million from $204 million, which could be seen as very positive - but can equally be interpreted in light of the fact that the previous quarter, ended on December 31st, saw the division post its first quarterly profit since the launch of Xbox. That profit, $84 million on revenues of $1.27 billion, was largely driven by sales of Halo 2, while the first calendar quarter of 2005 has been much quieter for Microsoft on the software front. The firm will undoubtedly be hoping that the current quarter will be healthier, however, thanks to the launches of Jade Empire and Forza Motorsport. In terms of Microsoft’s overall performance, a little hit from the Xbox division certainly hasn’t made any dent in the giant’s progress. Overall revenues of $9.62 billion were reported for the quarter (up from $9.17 billion last year), with a gigantic operating income of $3.3 billion (up from $1.3 billion).


Site Statistics

Registered Members: 43,984
Forum Posts: 725,139
Xbox One Titles: 655
Xbox 360 Titles: 1,084
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 583
Xbox Titles: 847
Staff Reviews: 1,448
Member Reviews: 10,339
News Articles: 13,078
Screenshots: 28,839
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News

See News Archives

Community Forum Activity

GOW 4 Horde Credit and XP Earn Rate Updates
Post by Nato King
1 Replies, 54 Views

Post by Nato King
1 Replies, 55 Views

Red Dead Redemption 2 releasing Fall 2017
Post by Nato King
5 Replies, 109 Views

Xbox One S Protoype Zebra
Post by oryanphine
3 Replies, 144 Views

Xbox One South Korea Edition Limitee Mother Pearl
Post by oryanphine
1 Replies, 90 Views

Xbox One Official China Edition limitee Lunar New Year Monkey 2016
Post by oryanphine
2 Replies, 101 Views

Xbox Play Anywhere Set up.
Post by Nato King
6 Replies, 168 Views

CONTEST! Win a copy of Worms W.M.D.!
Post by Variation-XBA
9 Replies, 325 Views

The Gears of War 4 Live Broadcast Airs Today
Post by Nato King
7 Replies, 207 Views

Post by Nato King
9 Replies, 258 Views

Spoiler: First 12mintues of Battlefield 1
Post by Nato King
9 Replies, 242 Views

Custom Xbox Addict Controller!
Post by Variation-XBA
8 Replies, 320 Views

Post by BananaMan
5 Replies, 275 Views

Post by Nato King
7 Replies, 263 Views

Club for Forza Horizon 3
Post by TheOutcast-XBA
9 Replies, 1158 Views

© 2000-2016 - All rights reserved. All trademarks are properties of their respective owners.
Xbox is a registered trademark of Microsoft. is not affiliated with Microsoft.

Made in Canada
Site Design by Cameron Graphics