70 million Xbox 360s sold

Microsoft reveals new life-to-date sales for aging console; Xbox Live membership up 15 percent in latest quarter.


Microsoft has now sold 70 million Xbox 360s across the world since the console launched in November 2005. The news comes by way of Microsoft's first quarter 2013 (July 2012-September 2012) financial report, which saw its Xbox division post total revenue of $1.95 billion, down just 1 percent from the prior year.

Microsoft sold 1.7 million Xbox 360s across the world during the period, down 600,000 units--or 29 percent--from this time last year.

Microsoft chief financial officer Peter Klein said the console market "continues to be challenged," and is thus forecasting a decline in revenue for the company's Entertainment and Devices division for the upcoming quarter. Single-digit growth, however, is expected for the full fiscal year.

A bright spot on Microsoft's sheet was Xbox Live. The company said Xbox Live membership was up 15 percent during the quarter, though a new user milestone figure was not announced. The latest Xbox Live user tally from April this year stood at 40 million. Microsoft said it continues to see the online platform as a "strength."

Read and Post Comments | Get the full article at GameSpot

"70 million Xbox 360s sold" was posted by Eddie Makuch on Fri, 19 Oct 2012 05:08:31 -0700
Filed under: Video Games


No Comments »

Leave a Reply

Back to Top