Xbox 360 Sales Fuel Record $15 Billion Quarter for MS
by Nick Breckon, Oct 23, 2008 3:03pm PDTMicrosoft today filed its first quarter earnings, reporting record first quarter revenue on strong sales of the Xbox 360.
The company pulled in a total of $15 billion in revenue over the quarter, resulting in a net income of $4.3 billion. The entertainment division contributed profits $178 million, an increase over the $167 million of profit over the same quarter last year.
"We sold 2.2 million Xbox 360 consoles, representing over 20% growth," said Microsoft senior VP Chris Liddell of the quarter, which covered the three months prior to September 30.
"Xbox 360 outsold PS3 by over 100,000 consoles over the quarter," he added, mentioning that the Xbox 360 attach rate--the average number of games purchased by each 360 owner--has now hit 8.1, an industry high.
Meanwhile, Microsoft rival Sony saw its profit over the same quarter drop by half over last year, to $754 million. A report earlier today noted that Sony's gaming division is still operating at a loss, with the company lowering expectations for its 2008 net profits by 38%.
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I hope Sony bleeds to death this generation. I've never forgiven them for what they did to the Dreamcast, which was lightyears ahead of the PS2. Ever play Soul Calibur with the VGA adapter? BLEW away the PS2. But Sony strong armed everyone in Japan, telling them not to even SELL the Dreamcast if they wanted what Sony had coming down the pipe.
Fuck them. Fuck them in their ears...
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A lot of you dislike the PC platform for different reasons but at least the cost of building a decent gaming PC has drastically decreased since 2000 and not increased like the consoles.
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The PS3 is over priced and the wireless technology sucks (tho I wish my 360 remote connected wirelessly the same way as my controllers). The software was been underwhelming. Diffiucult development and manually managing bandiwth issues in the hardware does not matter (360 was designed to be nearly bandwidth free). In the end I think it will be like the old PS2/XBOX days, this time 360 wins the war but the PS3 out techs and outshines the 360 in the end.
The Wii is like a $250 Tetris, it gets everyone addicted for awhile then they switch to a new drug after their tolerance goes up. Mine is collecting dust wondering why more games like Wii sports are not out that make use of the controller, and easy to use and fun.
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