Microsoft released its earnings report for the fourth quarter of its fiscal year. The company saw an operating loss of $2.1 billion USD for the period, but its Xbox and Surface divisions saw growth during the quarter.
According to Microsoft, total Xbox revenue grew by 27%. It credited this growth to "strong console sales," as well as Xbox Live transactions and sales of first-party games.
Another bright spot for the company was its Surface line, which saw 117% growth over the same period the year prior. Total revenue for Surface was driven by the the Surface Pro 3 and the launch of the Surface 3 and came in at $888 million.
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According to Microsoft, total Xbox revenue grew by 27%. It credited this growth to "strong console sales," as well as Xbox Live transactions and sales of first-party games.
Another bright spot for the company was its Surface line, which saw 117% growth over the same period the year prior. Total revenue for Surface was driven by the the Surface Pro 3 and the launch of the Surface 3 and came in at $888 million.
Continue reading…
Continue reading...