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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iMeatPosted:

That is quite a bit of money

PhracturePosted:

Wow my comments went backwards lol.

PhracturePosted:

Not much of a surprise.

PhracturePosted:

It's growing quite fast as well.

ElijahPosted:

This was expected, now a days every one has gold on xbl, and a couple Microsoft Points too.

DubblePosted:

PinkSlime Who actually pays the $50 A Year?
That's a rip off.

I use the 1 GBP a Month on the dashboard and renew every time my subscription expires.
Works out at 12 GBP a year or $24 a year. :D

With all the other stuff they have added, they also have advertisements that must make them a little bit.


I pay $25 for a 1 year code from someone on a different website :) lol $60 is a rip off, microsoft are milking us dry >:(

DersPosted:

Wow, their making a killing off us.

SmurfsPosted:

Wow that's a lot of money.

LostPosted:

Every second they become worth more money lol

btcPosted:

wow doesn't suprise me! they do make tons of money!