3.9 million Xbox One’s sold, Microsoft posts record revenue

24 January 2014
Xbox One news 1

Microsoft Corp. reported revenue and earnings for its fiscal second quarter that topped Wall Street expectations, as the company sold 3.9 million Xbox One consoles and doubled revenue from its line of Surface tablets from a quarter earlier.

The US-based technology titan reported net income of $6.56 billion on revenue that hit a record high of $24.52 billion in the quarter that ended December 31.

Outgoing CEO Steve Ballmer said the company had a “great holiday quarter.”

Shares rose $1.66, or 4.6 percent, to $37.74 in after-hours trading Thursday following the release of the results. Earlier, the stock closed the regular session up 15 cents at $36.08.

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