Microsoft Q309: Xbox division loses $31 million, 360 sales up 30%

Microsoft's third quarter may not have been the hotness, but the company's entertainment and devices division (that's Xbox) can have a very tiny fiesta to celebrate its sales victory. The mega-corp's revenues took a 6% beating, with net income down 32% over the prior year to $2.98 billion. The Xbox's (Zune, etc.) entertainment and devices division lost 31 million this quarter, after achieving a $106 million profit during the same time last year.

On a happier note -- and pretty much the only relevant part for gamers -- the Xbox 360 console sold 1.7 million units during the quarter, an impressive year-over-year increase of 30 percent. The company also claims that the current tie ratio for the console is 8.3 games per owner. The company's chief financial officer said he was happy with the results given that this is the "most difficult economic environment" in the company's history.

Source -- Microsoft's Xbox 360 division loses $31 million
Source -- Microsoft Reports Third-Quarter Results

Microsoft: Avatar clothing changed 150 million times

 

Speaking at the First Annual Microsoft Open House in NYC, Robbie Bach, president of the company's entertainment and devices division, was touting the strength of the 360 platform. Along with the impressive news that the results of 425 million games had been crunched for matchmaking, Bach also said that Avatar clothing had been changed more than 150 million times. When you divide that by the 20 million Xbox Live users the company's claiming, that's ... more than 7 changes each. We're a bit worried about some of you.

Gang, please, keep your dignity intact: Set it once -- walk away. It's the only sane thing to do. Of course, Bach also said that 200,000 games of 1 vs. 100 were being played every weekend, so maybe you guys are just trying to get spiffed up for Chris Cashman. We hope it was worth it.