Xbox 20% jump in revenue!

[chaphack]

Amid Microsoft's announcement of quarterly results today for the three months ending September 30 was some positive news for its Xbox business, which has perennially drawn flak as a drain on the software giant's balance sheet. This past quarter, revenues from the Xbox increased by $53 million compared to last quarter, a 20% jump.
While the increased volume of hardware and software sales could have raised revenue as high as $85 million, price cuts around the market offset that figure by $32 million.

Microsoft's entire Home and Entertainment segment, which includes the Xbox, PC games, the WebTV platform, and other home electronics products, brought in revenue of $581 million, also a 20% increase on the same quarter last year.

Costs in the Home and Entertainment segment increased 27%, however, despite a drop in the cost of manufacturing the Xbox, so it's hard to judge from the released figures whether the Xbox business is emerging from the red. Microsoft did not release net income figures for its individual divisions, although the company as a whole brought in a net income of $2.61 billion for the quarter.

starting engines....*vrrrrooooooooom*

 

[cybamerc]

Nothing particularly surprising about the revenue increasing. It will continue to do so until the end of the year. The revenue isn't particularly interesting though. The numbers that people are anticipating will be released in approx. a month.

 

[chaphack]

Good job Xbox, from losing to gaining. It matters some way or another. Xbox rises, Cube rises. More competition is good.

 

[Deepak]

What about profits

 

[chaphack]

Like cybamerc siad, in a month's time, in a months time. At least they got the first part right!

 

[notAFanB]

it's not cumalative man. still good news seeing the market picking alternatives.

 

[evil]

I'm confused... 20% revenue increase and a 27% cost increase... that's good? ^^

 

[chaphack]

i think this good for the Xbox,

revenues from the Xbox increased by $53 million compared to last quarter, a 20% jump.
While the increased volume of hardware and software sales could have raised revenue as high as $85 million, price cuts around the market offset that figure by $32 million.

keeping in mind that,

Microsoft's entire Home and Entertainment segment, which includes the Xbox, PC games, the WebTV platform, and other home electronics products

In the end, the other half of the story will be out soon.

 

[Dural]

What about profits

For the fiscal first quarter ended Sept. 30, Microsoft reported a net profit of $2.6 billion, or 24 cents per share. That compared with a profit of $2 billion, or 19 cents per share, a year earlier, which was adjusted to reflect stock options granted at the time.

 

[Deepak]

I was talking about XB div.....

 

[chaphack]

I was talking about XB div.....

revenues from the Xbox increased by $53 million compared to last quarter, a 20% jump.
While the increased volume of hardware and software sales could have raised revenue as high as $85 million, price cuts around the market offset that figure by $32 million.

 

[notAFanB]

revenues from the Xbox increased by $53 million compared to last quarter, a 20% jump.

he meant profits, which should available shortly to the public.

 

[Deepak]

yea....profits from XB div

 

[chaphack]

Like i saya,

Half time score: Xbox 1 haterZ 0

 

[London Geezer]

again:


i thought it was clear that all these chap-generated anti-sony pro-MS threads were just troll-ground. made by a troll in order to disrupt the boards with usual "my box is better than yours" discussions....

guess i was right...

i mean, i wouldnt mind if he actually knew something about economics, but he doesn't.

he (and many others) doesn't know anything about economics, still he thinks he is in the position to judge and make comments on Corporate decisions made by people who have been in the business for longer than he has lived.

he (and many others) doesn't know anything about 3D graphics and architectures, still he thinks he is in the position to judge and make comments on the matter. Most of us here might not know everything about this either, but at least we don't go around trolling the place with stupid comments.

 

[notAFanB]

Like i saya,

Half time score: Xbox 1 haterZ 0

there are no haters in this thread.

EDITED:

 

[cybamerc]

Deepak:

> yea....profits from XB div

You're gonna have to wait a while for those

 

[chaphack]

Patient my yound padawan... or goes something like that.

 

[marconelly!]

Chap do you really expect that their Xbox division all of a sudden starts making profit just because their revenue increased a bit? IF they are still losing money on the hardware, that's still just making them more loss. Also, it's not like they had a huge game seller recently that could push the tip of the scale.

 

[chaphack]

Chap do you really expect that their Xbox division all of a sudden starts making profit just because their revenue increased a bit?

sudden? god hell no! i say Xbox is starting to do alright after their previous dismal financial display. Now its just engine ready! set! vrrroom vrrroom! I think late XB1 or even XB2 is where MS gets to ride their bikes!