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Good news, everybody (concerned with the financial prosperity of a gigantic corporation)! Microsoft's fiscal Q1 2009 results, which cover the three-month period ending September 30th, 2008, show that its Entertainment and Devices Division -- the same one responsible for the entertaining device know...

October 24th 2008 at 9:25am 0 Comments
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Microsoft's Entertainment and Devices Division (EDD) – responsible for everything from the Xbox 360 to the Zune – has once again posted a net quarterly profit. What's behind the good news? "Xbox platform and PC game revenue increased $418 million or 85% primarily as a result of increase...

April 25th 2008 at 1:01am 0 Comments
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var digg_url = 'http://digg.com/gaming_news/The_Xbox_Finally_Turns_A_Profit'; In the last six years, there's been one constant when discussing Microsoft's foray into the strange and seductive world of video game console manufacturing: they had yet to turn a profit on any of it. No more, with to...

January 24th 2008 at 9:55pm 0 Comments
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In an interview with eWeek, Robbie Bach, president of Microsoft's Entertainment and Devices division, disclosed that he believes the Xbox 360 will be profitable by next year. We reported recently that the EDD lost $315 million last quarter, down from $415 million the same time the year before. If lo...

May 4th 2007 at 5:30pm 0 Comments
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Further cementing its image as Microsoft's loser brother who just needs a few bucks until "the band really takes off," the Entertainment and Devices Division of the company lost $315 million in the third fiscal quarter. Meanwhile, Microsoft's overall earnings rocketed up to $14.4 billion, a 32 perc...

April 27th 2007 at 10:24am 0 Comments