Microsoft reported its earning for the second fiscal quarter of 2013 Thursday that saw overall revenues increase. However, there was also a decline in revenues from the division responsible for the Xbox 360.
Microsoft's Entertainment and Devices division rang in $3.77 billion in revenue between October and December of 2012 and shipped 5.9 million consoles. While the Xbox 360 did see strong sales during the hot holiday shopping period and continues to be the top-selling console, revenue for the E&D division were down 11 percent and console sales down from 8.2 million during the same period in the previous year.
At the same time, this was expected to be the final holiday shopping season that the Xbox 360 was in service by itself. There is anticipation that the next Xbox (aka Xbox 720) will be announced at or before E3 in June and released in this fall.
Microsoft reported $21.5 billion revenue overall for the quarter with $6.38 billion in net income. Earnings per share came in at $0.76.
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Via: Microsoft
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