Xbox business shows 11 per cent decline in Q2 financials

Xbox-360

Microsoft’s Entertainment and Devices Division – which includes the Xbox business – has posted revenue of $3.77 billion in Microsoft’s Q2 financials, a year-on-year decrease of 11 per cent. Xbox continues to be the top-selling console in the United States, said Microsoft.

Shares at Xbox platform holder Microsoft have dipped by two per cent after its latest city update. The software giant didn’t include sales data for Windows 8 or its Surface tablet in the Q2 financials, in which year-on-year profits were down from $6.6bn to $6.38bn.

Windows 8 helped Microsoft to post a rise in revenues of 2.7 per cent to $21.5bn – a record for the tech giant.

“Our big, bold ambition to re-imagine Windows as well as launch Surface and Windows Phone 8 has sparked growing enthusiasm with our customers and unprecedented opportunity and creativity with our partners and developers,” said Microsoft chief executive Steve Ballmer. “With new Windows devices, including Surface Pro, and the new Office on the horizon, we’ll continue to drive excitement for the Windows ecosystem and deliver our software through devices and services people love and businesses need.”