Saturday, March 8, 2008
Microsoft turns profit on games. PS: Yay, Halo!
Well, they said it would happen and here we are: Microsoft's Entertainment and Devices division has turned a profit. Yes, the once festering black hole (or should that be a red hole) in Microsoft's side is now a gleaming diamond of success. Awful metaphors aside, the Entertainment and Devices division posted revenue of $1.929 billion and an operating income of $165 million. This is in comparison to $1.011 billion in revenue and a lost of $142 million during the same quarter last year. That's quite an improvement, one we're sure rests on the shoulders of a certain Spartan we know and love. It looks like Microsoft's money-bleeding gaming venture is finally off the ground. Now let's just see if they can keep it that way.