Menu
Xbox score still negative

Xbox score still negative

Microsoft has announced its financial results for Q1 2005, showing overall profit for the company but a huge loss to its Xbox division.

The Home and Entertainment Division (which essentially is the Xbox division) saw a massive US$164 million operating loss on revenues of US$583 million — which is still an improvement over last year's US$204 million operating loss over revenues of US$519 million during the same period last year.

Q4 2004 saw the first quarterly profit for the Xbox, but that was primarily due to the launch of Halo 2, which was highly successful in the United States and Europe; Q1 lacked such blockbuster hits.

Microsoft expects stronger results from this quarter, putting its hopes in the launch of Bioware's Jade Empire and Microsoft Game Studio's Forza Motorsport.

While the games division still suffers, the company as a whole reported an operating income of US$3.3 billion from revenues of US$9.62 billion — dwarfing the losses incurred by the Xbox.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Featured

Slideshows

Meet the leading female front runners of the Kiwi channel

Meet the leading female front runners of the Kiwi channel

Reseller News honoured the leading female front runners of the New Zealand channel at the 2018 Women in ICT Awards (WIICTA) in Auckland. The awards honoured standout individuals across seven categories, spanning Entrepreneur; Innovation; Rising Star; Shining Star; Community; Technical and Achievement.

Meet the leading female front runners of the Kiwi channel
Meet the top performing customer-centric Microsoft channel partners

Meet the top performing customer-centric Microsoft channel partners

Microsoft honoured leading partners across the channel following a year of customer innovation and market growth in New Zealand. The 2018 Microsoft Partner Awards recognised excellence within the context of the end-user, spanning a host of emerging and established providers.

Meet the top performing customer-centric Microsoft channel partners
Reseller News launches new-look Awards at 2018 Judges’ Lunch

Reseller News launches new-look Awards at 2018 Judges’ Lunch

Introducing the Reseller News Innovation Awards, launched to the channel at the 2018 Judges’ Lunch in Auckland. With more than 70 judges now part of the voting panel, the new-look awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors.

Reseller News launches new-look Awards at 2018 Judges’ Lunch
Show Comments