Plummiting Xbox sales push Microsoft revenues down

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Microsoft's Entertainment and Devices division generated $3.8 billion in revenue in the last three months of 2012, as 5.9 million Xbox 360 consoles were shipped, which is down from 8.2 million during the same time last year.

The company also made $1.1 billion less than it did last year. According to Microsoft, this was "due mainly to lower volumes of consoles sold and lower video game revenue."

All-in-all, the Entertainment and Devices Division, saw profits up and revenues down. This was due to a reduction in marketing costs, and the latter was a because of dwindling demand for Xbox 360 consoles.


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"Plummiting Xbox sales push Microsoft revenues down" :: Login/Create an Account :: 84 comments

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ImNotPhlegmAnymoreOKPosted:

I feel no sympathy for this: "The company also made $1.1 billion less than it did last year". BOO HOO. You are still a multi billionaire company. Xbox 720 - or whatever the new xbox will be called will raise the revenue, unless it sucks.

DemonSurferPosted:

Most people i know are selling the 360's and getting tablets and PS3's instead,they always have them on the local for sale pages on Facebook and in the papers etc Probably sick of the same old thing.As for the new consoles flying off the shelves,how the hell do you work that out as no one has even seen one yet or any of the games?? I'm sure most people don't just happen to have around 4 - 500 quid lying around just desperate to blow it all on the new XBOX.

DankruptPosted:

when the new console comes out they will go back up

ReaimingPosted:

Or whatever the console might be named.

ReaimingPosted:

AR15 Once the new consoles come out, sales will skyrocket again.


As AR15 said, just wait for the 720.
The 360 has been out for quite sometime so there sales will begin to fall overtime aas a good portion of people that game have the console they prefer.

ZyphrPosted:

The whole word cant have an xbox? There sales arent always gunna go up...

AR15Posted:

Once the new consoles come out, sales will skyrocket again.

ExoticWolfsPosted:

Once they get that new console out I'm sure they will earn a sh*t ton of money. :D

FlashysLobbiesPosted:

You could expect that lol.

JoinPosted:

Well hopefully when new consoles come out, sales will go back up!


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