Microsoft's Xbox 360 Sees First Profits

[admin]

It's been a long journey, but Microsoft's Xbox 360 has now turned a profit for two straight quarters - that qualifies as more than a blip and means the console-maker has finally become profitable. Microsoft has long been playing catch-up, releasing the original Xbox as a system to compete against Sony's ever-dominant Playstation 2 - but at the expense of losing money in the process. In 2001, when it released the Xbox and it's Live networking component, Microsoft simply desired to enter the gaming fray and push as many consoles out as possible to gain market share. Now the numbers look good for Microsoft and the financials are a welcome sight for what has been a long road to profitability.

Discuss "Microsoft's Xbox 360 Sees First Profits" here. Read the article.

 

[GlocksRock]

That is pretty good, especially considering how much it cost them to extend the warranty and reimburse all the people who had to pay to have thier consoles fixed due to the RROD.

 

[MinusTheBear]

That is pretty good, especially considering how much it cost them to extend the warranty and reimburse all the people who had to pay to have thier consoles fixed due to the RROD.

What he said!!!!

 

[Biggiesized]

I hope to God they don't name its successor the Xbox 720. The respective name goes for Sony as well.

 

[Bluesmoke]

I hope to God they don't name its successor the Xbox 720. The respective name goes for Sony as well.

It's likely the new Xbox will be called the Xbox 1080. The PS4 is a given.