Please support Game Informer. Print magazine subscriptions are less than $2 per issue
Xbox And Kinect Help Microsoft Break Revenue Records
Microsoft just released an impressive earnings report for the fourth quarter of the 2011 financial year. The software giant's bottom line is very strong -- thanks in large part to strong revenue from Xbox 360 and its related businesses.
The company announced a total revenue of $17.37 billion (and $5.87 in net profit) for Q4, an increase of 8 percent over the same period last year. Yearly revenue came in at $69.94 billion, 12 percent up from fiscal year 2010.
Much of the revenue came from a 45 percent increase in sales from Microsoft's Entertainment & Devices division -- which includes Xbox 360 and Kinect. Interestingly, the Bing and Online Services division also showed a 17 percent increase, even though I don't know anyone who uses Bing. Guess those funny commercials are paying off.
Source: Engadget
I’d like to ask you to support Game Informer’s continued coverage of games with a subscription. For less than two dollars per issue, we mail you a full year of 10 print magazines, each with cover stories and preview features filled with exclusive details about the most exciting upcoming games. We profile and interview game creators. We look back on the rich history of gaming, and we celebrate what’s next.
Here on the website, we offer much of our content for free, including game reviews, daily news, videos, event coverage, and more – all with minimal ads.
We do so with a small editorial team, alongside contributing paid writers from around the world – over 65 individuals from 9 countries around the world, just in the last couple of years.
It’s not possible without support.
In a time when game makers and games coverage have faced hard struggles and layoffs, the future of this 30+ year magazine and community is at risk. Our new standalone magazine subscription is the number one way you can keep us alive – and we believe you’ll get a pretty fantastic gaming magazine in your mailbox every few weeks for your trouble.
Thank you.
