NEWS - Friday, April 24, 2009
Quarterly Xbox Sales Up "Almost 30 Percent"
Net income fell 32 percent to $3 billion, while operating income was up three percent to $4.4b billion, reports the Guardian.
The company’s Entertainment and Devices division (Xbox, Windows Mobile, Zune) fell from a profit of $106 million to a loss of $31 million. Despite the drop, Xbox 360 was the division’s strong performer, with console sales up "almost 30 percent" to 1.7 million units.
"We remain more cautious than most about the state of the world economy," said Microsoft’s chief financial officer Chris Liddell. "While we’d all like to think the recovery will be soon and painless, we believe it will be slow and gradual."
Source: http://www.
