Microsoft Games Unit Posts Profit on Strong "Halo 3," Xbox SalesAuthored by Mark Hefflinger on October 26, 2007 - 9:18am.
Redmond, Wash. - Microsoft (NSDQ: MSFT) said this week that its entertainment and devices division, which includes its Xbox video game business, reported a profit of $165 million in the company's fiscal first quarter, fueled in large part by the release of "Halo 3" for the Xbox 360. The profit compares with a loss of $142 million in the same period a year ago. Revenues at the Xbox unit were also up 91%, to $1.93 billion.
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