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