Fri, Jul 19, 2013 | 21:08 BST
Microsoft FY13: Xbox division up 8% for Q4, 6% full-year
Microsoft announced its full year and Q4 fiscal year 2013 results today, and the firm reported Q4 revenues of $19.9 billion for the period ending June 30, 2013. Full year revenue came in at $77.85 billion.
The Entertainment and Devices Division, which houses Xbox 360, grew 8% ($134 million) during Q4 and 6% for the full year.
During the quarter, transactional revenue within Xbox Live grew nearly 20%.
“We continue to see strong demand for our enterprise products and services, with more and more customers making long-term commitments to the Microsoft platform,” said Kevin Turner, COO at Microsoft.
“The growing adoption of our cloud services, including Office 365, Windows Azure and Dynamics CRM, continues to demonstrate our leadership position in the cloud.”
“We are working hard to deliver compelling new devices and high value experiences from Microsoft and our partners in the coming months, including new Windows 8.1 tablets and PCs,” said Steve Ballmer, CEO.
“Our new products and the strategic realignment we announced last week position us well for long-term success, as we focus our energy and resources on creating a family of devices and services for individuals and businesses that empower people around the globe at home, at work and on the go, for the activities they value the most.”
The firm shipped 1 million Xbox 360 consoles compared to 1.1 million during Q4 2012.
In June 2013, the firm announced Xbox One would be available for purchase during Q4 FY 2014.
Major Nelson said today after the results were released that Xbox One pre-orders are trending ahead of Xbox 360 pre-orders during the same time period. Most launch offerings for the console are also sold out through the majority of US retailers.