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Microsoft Reports Second Quarter Results |
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Written by Dax
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Thursday, 24 January 2008 |
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Microsoft has announced the results of its fiscal 2008 second quarter, showing Xbox 360 and PC hardware and game sales up $115 million over the year prior, as the company sees overall sales of $16.37 billion and operating profits of $6.48 billion.
The overall results are a 30 percent rise in sales and 87 percent rise in operating profits. The company's entire Entertainment and Devices Division, which houses Xbox 360 and PC gaming as well as Zune and set-top devices, saw a 3 percent rise in revenue to $3.06 billion, and $357 million in operating profit, up from losses of $302 million the year prior and.
[UPDATE: In a largely placid analyst call following the results, Microsoft CFO Chris Liddell noted that the Entertainment and Devices Division had its "second consecutive quarter in the black", and he believed that it was "on the road to full year profitability", presumably a sign of maturation in the company's business model for the console.]
Over the company's first six months, sales were up 25 percent to $4.99 billion and operating profits up from $423 million in 2006 to $524 million.
Microsoft says that its quarterly Xbox platform and PC game sales rose $115 million from the year prior, on "increased Xbox 360 video game sales, Xbox Live revenue, and Xbox 360 accessory sales, partially offset by decreased Xbox 360 console sales."
For its first six months, Xbox platform and PC game sales were up 35% -- $1.0 billion -- compared to the year prior, "as a result of increased Xbox 360 console sales, video game sales led by Halo 3, Xbox Live revenues, and Xbox 360 accessory sales."
Microsoft notes that it shipped 4.3 million and 6.1 million Xbox 360 consoles in its second quarter and first half, respective, compared to 4.4 million and 5.4 million the year prior. It adds that life to date sales of Xbox 360 has reached 17.7 million units, up 70 percent from the prior year.
"For the remainder of fiscal year 2008, we expect revenue to increase due to increased sales of Xbox 360 consoles and related games, accessories, and services," the company said.
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Gamasutra - Microsoft's Xbox 360 Division Sees Q2 Profit
Comment (18) |
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World of Warcraft Tops 10 Million Subscribers |
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Written by CaptainMarbles
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Tuesday, 22 January 2008 |
Didn't c a thread and think it deserves one.
Quote:
January 22, 2008 - Subscriptions to the World of Warcraft persistent online role-playing game have surpassed the 10 million subscriber mark worldwide, according to Blizzard Entertainment.
The game, now more than three years old, has become the most popular massively-multiplayer online role-playing game, taking the top sales spot among PC games around the world in 2005 and 2006. WoW was only outsold in 2007 by its expansion pack – World of Warcraft: Burning Crusade. A second WoW expansion, World of Warcraft: The Rise of the Lich King, is in development.
"It's very gratifying to see gamers around the world continuing to show such enthusiasm and support for World of Warcraft," said Mike Morhaime, CEO and cofounder of Blizzard Entertainment. "We're always pleased to welcome new players to the game, and we're looking forward to sharing the next major content update with the entire community in the months ahead."
The company counts more than 2 million subscribers in Europe, more than 2.5 million in North America, and about 5.5 million in Asia. Blizzard said it includes as subscribers not only active, long-term members but also prepaid subscription cardholders and players who recently bought the game and are within their first free month of service.
According to figures release by the NPD Group today, World of Warcraft and two related expansions – Burning Crusade and Battle Chest – held three of the top five sales slots among U.S. PC game sales last week.
All three titles were topped by Activision's Call of Duty 4: Modern Warfare, which sold more than twice as many copies last week than the World of Warcraft standalone game.
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