“Revenue for the quarter was $632 million, with the year on year growth being driven by higher than expected sales of the Xbox console during the quarter; however, the console operation continues to operate at a loss despite the higher revenues.
The loss for the unit during the quarter came to $142 million, a significant figure but still a major improvement on the same quarter last year, when the Home and Entertainment division reported a $273 million loss.”
We are happy to see that Microsoft is being persistent in making their gaming unit successful. Microsoft pointed out that Sony is ahead of the curve by more than a year and they expect the PS2 to see a decline in sales soon.
Read more at Gamesindustry.biz