MS posts record $18.06 billion for the quarter, Xbox top-selling console for 18 months running
Microsoft's quarterly revenue for the period ending June 30 hit $18.06 billion, with an operating income of $192 million and a loss of $0.06 per share. This is compared to revenue of $17.37 billion for the same quarter in 2011. Microsoft also posted a net loss for the quarter of $492 million, compared to last year's gain of $5.87 billion for the same quarter.
Revenue for Microsoft's Entertainment and Devices Division grew 20 percent for the quarter, aided mainly by its acquisition of Skype. The Xbox has now been the top-selling console for 18 consecutive months.
Find more coverage of Microsoft's financials at Engadget.
