7 Years Later, The Xbox Gets In The Black (MSFT)

In the midst of a decent quarter, light guidance and weak profits from its online division, it’s easy to overlook a Microsoft success story: The Entertainment and Devices Division (home of the Xbox 360) turned its first profit.

The division posted a $426 million operating profit for the year, up from a $1.97 billion loss the previous year. Of course, that means that the Xbox, first introduced in October 2001, is billions and billions in the red, over all. But it’s something.

See Also:
Sony Q4: Revenues Down, Game Business Turning Around
Nintendo: We Won’t Cut Prices On The Wii, Because We Don’t Have To

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.