Bloomberg estimates Xbox Live to be worth $1 billion+

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Given the number of users and $50-a-year subscription fee, it's hardly a surprise that Microsoft is pulling in a ton of cash from Xbox Live, but it looks like the service has recently crossed a significant milestone: the $1 billion mark. That's what Bloomberg estimates for the past fiscal year, at least, based on the number of paid users (about 12.5 million), and a recent statement from Microsoft's Dennis Durkin, who said that sales of downloadable content had topped subscription revenue for the first time. That translates to about $600 million from subscription revenue, and at least $600 million from other sales, for a grand total somewhere north of $1.2 billion. Can't really blame Sony for following its lead, can you?

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Source: http://www.engadget.com/2010/07/07/bloomberg-estimates-xbox-live-to-be-worth-1-billion/

Comments

"Bloomberg estimates Xbox Live to be worth $1 billion+" :: Login/Create an Account :: 147 comments

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Lucario-Posted:

Time to buy it up, and I agree with Skull.

SkullMaster47Posted:

Seriously Microsoft? Why don't they just make Xbox LIVE free? To better compete with Sony trust me if they have that much they can afford to make Live free.

BritishColumbiaPosted:

Xbox is making way more than PSN

AussieguyPosted:

You would think with all that money they make we (the customers) would get something FREE every now and then.

Maybe something like if you buy a 1 year subscription to XBOX live you get 1600 Microsoft points for free.

I think that could be the LEAST Microsoft could do for us.

NicPosted:

That's a lot of money. Good thing that XBL is doing so well, going to be around for a long time.


iGamerModz Microsoft = MoneyWhores

I don't think anyone would hear you complain if it was you who pulled it all off.

PrehistoricHookerPosted:

LOL Dafuq, i see a $30 bill on the left side of the "i" in "Live" in dat picture

SendPosted:

I believe it...

Vancouver_CanucksPosted:

and yet your still not allowed refunds?

PinkSlimePosted:

Alot of what Bill Gates makes goes to charity anyway, so we are sort of putting our money to a good cause.

AlbericiPosted:

Yup and they make stupid stuff banned like spaced and og gts and jtag or modder in your gamertag.