Xbox Division Boosts Annual Profits
Microsoft has reported a giant leap in full year profits at is Entertainment and Devices (EED) division, which covers the Xbox 360 and Zune platforms as well as PC and online games.
While annual revenue remained flat at $8.058 billion, profit leapt 529 per cent to $679 million in the fiscal year ended June 30. That’s despite full-year Xbox 360 shipments falling eight per cent to 10.3 million units.
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