Microsoft Xbox division revenue down

Year-on-year quarterly results show declining revenue in Microsoft’s Entertainment and Devices Division

January 25, 2013
Xbox 360 News

Microsoft has posted its financial year 2013 second quarter results (FY13 Q2), reporting the their highest quarterly revenue at US$21.5-billion. However, the Entertainment and Devices Division (under which Xbox operates) posted revenue of $3.77 billion, a decrease of 11% from the prior year period.

It must be noted that Microsoft’s Windows 8 tablet PC’s and phones fall under this division as well. Sales and marketing expenses increased $547 million or 15%, primarily reflecting advertising of Windows 8 and Surface.

Research and development expenses increased $157 million or 7%, due mainly to higher headcount-related expenses, primarily related to the Entertainment and Devices Division. It is likely that some of this R&D money went towards the next-generation Xbox console, codenamed Durango.

According to Microsoft, Xbox 360 continues to be the top-selling console in the United States.

Source: Microsoft Investor

More video game industry news

Fresh PS4 specs leaked, new controller, user accounts detailed

Next-gen PS4 Orbis and Xbox Durango hardware details

PS4 and Xbox 720 performance rumours

Next-gen tech secrets leaked to Nvidia by ex-AMD executive

PS4, Xbox 720 pricing forecast

Xbox 720 specs leaked, rumour has it

Xbox 720: Holiday 2013 release date planned

Xbox Surface tablet in the works?

Xbox 720 rumours heat up

PS4 developer console powered by AMD

Tags: active, financial results, Microsoft, Xbox 360

Shutterstock is the image partner of MyGaming – technology images can be found here

Poll

Are you going to buy GTA V for PC?

View Results

Loading ... Loading ...

Latest News

Nvidia GeForce GTX 960: SA price roundup, performance

GTX960

Looking to buy a GeForce GTX 960? You are in the right place

How Minecraft’s creator is blowing his millions

Notch

What would you buy if you had $1.5 billion? Add a candy wall to that list.

PlayStation 4 for R5,199 – get it here

PS4-PlayStation-4-tear-down-6

Need to make up for buying your loved one a terrible Christmas present?

SA vs the world: best countries to be a Steam gamer

90s PC gamer

Not all countries are equal when it comes to gaming online

X

Newsletter Subscription

Name
Email *
Enter the following to confirm your subscription *
Captcha image


Free MyGaming Newsletter:
Subscribe
X
bool(true)