CHART OF THE DAY: Microsoft Xbox No Longer A Money Pit, Now Making A Billion Annually

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While Microsoft’s online division remains a money pit, the gaming division is starting to make a lot of money for Microsoft. Last night the company reported $679 million in operating income giving it a trailing-four-quarter profit just over $1 billion.

Considering the company lost money for years on the Xbox (we’re only showing part of the money burn), this is great news for shareholders, and it provides a sliver of a reason for optimism about the online division. Maybe it too will get turned around some day.

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Photo: Business Insider

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