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Microsoft earns $14.5B with Xbox 360 help

updated 04:50 pm EDT, Thu April 24, 2008

MS Q3 2008 Results

Microsoft today announced that its latest fiscal quarter earned the company approximately $14.5 billion, or 47 cents per share. The revenue is not a record for the company but is credited in part to the surprising success of the company's Entertainment and Devices Division. Strong sales of the Xbox 360 console helped jump the division's revenue by 68 percent versus the same period a year ago, according to the company. About 19 million examples game system and media hub have now shipped since it launched in November 2005, or about 74 percent more than in early 2007.

The Xbox has seen recurring shortages in the early part of 2008 after Microsoft underestimated demand for the device after the holidays.

The Entertainment and Devices group also includes the Zune, though its unit and revenue sales aren't mentioned in the financial report. Growth in most other divisions of the company is also unmentioned; in software, the company primarily touts the release of Windows Server 2008, as well as companion SQL Server and Visual Studio apps, as contributing to an 18 percent year-over-year growth in the Server and Tools group. Vista sales are notably absent.

Microsoft also says it took the short-term but significant impact of a $1.4 billion European Commission fine during the quarter for allegedly failing to properly document and support some aspects of Windows and Office.



By Electronista Staff
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  1. Durandalus

    Fresh-Faced Recruit

    Joined: Jan 2001

    0

    lol

    "woman-oriented technology site"

    SCNR ;-)

  1. Guest

    Fresh-Faced Recruit

    Joined: Nov 1999

    0

    They did NOT earn $14.5B

    They earned $4.39B on revenue of $14.45B.

  1. chotty

    Fresh-Faced Recruit

    Joined: Jan 2003

    0

    Microsoft earns $14.5B??

    Then you go on to state " The revenue is not a record for the company..." MaCNN is absolutely ponderous anymore... ponderous. idiots.

  1. Guest

    Fresh-Faced Recruit

    Joined: Nov 1999

    0

    hmm???

    nothing like stuffing the channel. ;-)

  1. climacs

    Forum Regular

    Joined: Sep 2001

    0

    not the first time

    MacNN has confused revenue with profits. C'mon guys, if you can't hire a copy editor, could you at least proofread each other? Two sets of eyes tends to eliminate these mistakes.

  1. malax

    Fresh-Faced Recruit

    Joined: Aug 2006

    0

    I like this one

    "About 19 million examples game system and media hub have now shipped since it launched in November 2005, or about 74 percent more than in early 2007. "

    What? Ignoring the "examples game system" goof, the way the numbers are expressed is very confusing.

    Presumably, it's trying to say that between Nov 2005 and "early 2007" 10.9 million units where sold and then in the past year (5 quarters?) another 8.1 units were sold. Which is, frankly, no big deal since it implies that more units were sold in the first year or so than in the next year or so. But 74% more sounds more impressive I suppose.

  1. slapppy

    Fresh-Faced Recruit

    Joined: Mar 2008

    0

    Zune numbers

    So how many Zune for the quarter. No skirting around this, we need to see real numbers of units sold.

  1. testudo

    Forum Regular

    Joined: Aug 2001

    0

    Re: zune numbers

    They decided not to release those numbers. Like how Apple doesn't tell anyone how the AppleTV sells. Or even breaking down the sales of their desktops/laptops to product segments.

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