Microsoft posted its thrid-quarter financial report yesterday, revealing that its Entertainment And Devices Division had achieved $2.53 billion revenue, a 56 per cent increase on the same quarter last year.
Xbox Live itself was singled out for managing an 18 per cent increase in members on last year, now boasting over 46 million sign-ups.
“The bold bets we made on cloud services are paying off as people increasingly choose Microsoft services including Office 365, Windows Azure, Xbox LIVE, and Skype,” said Steve Ballmer in the report, a chief executive officer at Microsoft. “While there is still work to do, we are optimistic that the bets we’ve made on Windows devices position us well for the long-term.”
The news is encouraging for Microsoft’s Entertainment And Devices Division, following its second-quarter financial report this year that marked an 11 per cent decrease in year-on-year revenue.
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