Kotaku is reporting that the Xbox 360 has had its first profitable year ever.
For the first time in the Xbox group's history, it's reported a profitable year (previous back-slapping have been confined to profitable quarters), with earnings released today showing the Entertainment & Devices Division (which, granted, also includes stuff like Games for Windows and the Zune) made around $426 million during the 07-08 financial year, mostly as a result of increased 360 console and software sales.That sure beats last year's results, which thanks to the RROD warranty extension saw the E&DD division go $1.9 billion in the red.
Also included in Microsoft's report was the fact the company have now sold 20 million 360 consoles, which should provide a nice, clean figure for the company's post-NPD numbers spin.
Time will tell on whether or not Microsoft can keep the profit train going strong throughout 2008 and 2009. This lovely information on the success of Microsoft can be read via Kotaku.
Also included in Microsoft's report was the fact the company have now sold 20 million 360 consoles, which should provide a nice, clean figure for the company's post-NPD numbers spin.