Sections

Microsoft financials: EDD up 30% in Q4, down 11% yoy

Thursday, 22nd July 2010 22:36 GMT By Stephany Nunneley

xbox360logo2

Microsoft today announced record fourth-quarter revenue of $16.04 billion for Q4 ending June 30, 2010, which is a 22 percent increase from the same period last year.

That’s for the company as a whole – the division including Xbox 360 reported a revenue increase of 30 percent for Q4, with an 11 percent decrease in revenue for the entire year.

Net income for the quarter was $4.52B

“This quarter’s record revenue reflects the breadth of our offerings and our continued product momentum,” said Peter Klein, chief financial officer.

“The revenue growth, combined with our ongoing cost discipline, helped us achieve another quarter of margin expansion.”

Three months ended June 30, 2010 compared yoy

Revenue for the Entertainment and Devices Division, which includes Xbox 360, increased in Xbox 360 platform and PC game revenue with Xbox 360 and PC game revenue up 30 percent to $228 million.

MS shipped 1.5M consoles during the Q4 of fiscal year 2010, compared with 1.2M during the same period of 2009.

EDD’s cost of revenue increased 38 percent to $251M partially due to increased royalties from third-party content sales on XBL.

Twelve months ended June 30, 2010 compared yoy

Revenue for EDD was nearly flat reflecting “increased revenue from the non-gaming portion of the business”, offset by decreased revenue from Xbox 360 and PC games.

Xbox 360 and PC game revenue decreased $12M, due to the reduction of Xbox 360 consoles sold and revenue per console, yet there was an increase in Xbox Live revenue.

MS shipped 10.3M Xbox 360 consoles during its fiscal year 2010, compared with 11.2M during fiscal year 2009.

Cost of revenue decreased 11 percent to $528M due to lower Xbox 360 costs, which was offset partly by increased royalties from Xbox Live’s third-party content sales.

R&D expenses decreased by 2 percent to $34M thanks to lowered third-party development and programming costs.

Still, rolling in the money. No doubt about it.

Full figures can be found through the SEC filing.

Latest

11 Comments

  1. reask

    Plain and simple guys.

    XBOX ROCKS. :) :) :)

    #1 4 years ago
  2. The Hindle

    Ive just looked at the full thing on Gaf and the Ps3 is gaining serious ground on the 360, its outsold it every month of this year on a ww basis.

    #2 4 years ago
  3. itsucks

    yhea right.

    #3 4 years ago
  4. cookiejar

    Its true PS3 is gaining YoY. I think its pretty much heading towards neck and neck now between the two.

    Kudos to the 360 holding on, though.

    #4 4 years ago
  5. Psychotext

    Probably another year or so before they’re neck and neck. Though I guess that really depends on how the 360 S / Arcade does, what price drops come in and the effect of Move / Kinect.

    #5 4 years ago
  6. LOLshock94

    haha im suprized that gabzooks r whatever his name is hasnt comment on this

    #6 4 years ago
  7. Gadzooks!

    @6

    As long as both consoles are healthy enough to support a stream of quality games then why should I care how many consoles have been sold?

    #7 4 years ago
  8. DaMan

    it’s too early to celebrate, Hindle. the enemy has just reached 42 million mark, and with the recent Uk/US sales spark things don’t look that good anymore.

    stand strong though, Sony do appreciate your concern.

    #8 4 years ago
  9. daytripper

    anyone who takes a “us versus them” attitude seriously with regards to consoles is fucking pathetic.

    #9 4 years ago
  10. DaMan

    anyone who can’t take a joke is twice as much pathetic. did you know, scientists have found out that sarcasm can help detect dementia.

    #10 4 years ago
  11. The Hindle

    :D youre the only guy who supports one console out of us two, personally i dont give a shit both of them deserve to lose.

    #11 4 years ago

Comments are now closed on this article.