Comment Re:Huh? (Score 5, Informative) 288
"There are 30 million active Xbox Live accounts, which must make them a great deal of pure profit."
Go to http://www.microsoft.com/investor/EarningsAndFinancials/Earnings/PressReleaseAndWebcast/fy12/Q2/default.aspx Here you can look at their financial statements for the last few years. Check the line item that shows the Operating income for the Entertainment and Devices Division on the statments going back to 2004. I put together a table:
2004 (1,220)
2005 (391)
2006 (1,284)
2007 (1,892)
2008 497
2009 169
2010 618
2011 1,324
At the end of fiscal year 2011, the entertainment and devices division was still about $2.2 billion in the hole. Now the first two quarters of 2012 were good( a total of $880 million) but look here: http://www.microsoft.com/investor/EarningsAndFinancials/Earnings/PressReleaseAndWebcast/FY12/Q3/default.aspx They lost $229 million this past quarter. That means they are still about $1.5 billion in the hole on this little Xbox venture. And with their Online services consistently losing money( in the billions), they better hope Windows Phone 7 and Windows 8 are huge this year.
Go to http://www.microsoft.com/investor/EarningsAndFinancials/Earnings/PressReleaseAndWebcast/fy12/Q2/default.aspx Here you can look at their financial statements for the last few years. Check the line item that shows the Operating income for the Entertainment and Devices Division on the statments going back to 2004. I put together a table:
2004 (1,220)
2005 (391)
2006 (1,284)
2007 (1,892)
2008 497
2009 169
2010 618
2011 1,324
At the end of fiscal year 2011, the entertainment and devices division was still about $2.2 billion in the hole. Now the first two quarters of 2012 were good( a total of $880 million) but look here: http://www.microsoft.com/investor/EarningsAndFinancials/Earnings/PressReleaseAndWebcast/FY12/Q3/default.aspx They lost $229 million this past quarter. That means they are still about $1.5 billion in the hole on this little Xbox venture. And with their Online services consistently losing money( in the billions), they better hope Windows Phone 7 and Windows 8 are huge this year.
