Microsoft posts a big time quarter two for their 2014 fiscal year, with $24.52 Billion in revenue, a record for the Redmond tech giant. The operating income of $7.97 billion, and a net income of $6.56 billion, can eb credited to the growth in the video game console market, and consumer electronics market, all during a strong fourth quarter of sales.
3.9 billion Xbox One’s were sold to retailers during that quarter, as well as 3.5 million Xbox 360. Microsoft’s search engine Bing also saw an 18% growth, as well as a 35% increase in Ad revenue.
This reporter’s opinion: This is only a good thing for the game industry and Microsoft in general. For a console only being available for two months, that is a massive amount of units to move to retailers, and selling at least 75% of them. The new console generation is off to a flying start, and I’m incredibly happy to see how things will continue to grow into the future.
by, Bobby Marquardt