Xbox Turns a Profit
After two years in the red, Microsoft’s Xbox department has finally turned a profit. This is exciting both as a Xbox owner and a Microsoft shareholder. Maybe this will push my stock, which was once at $80 and now is at $26, to $30.
Strong hardware sales, coupled with the phenomenally successful Halo 2, means that Microsoft made $84 million on total sales of $1.41 billion. This is compared to a loss made this time last year of $397 million on $1.27 billionn [sic].