Microsoft sees Xbox 360 sales growth in '08
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Microsoft Corp   expects to sell more Xbox 360 consoles in 2008 than in 2007,  with Europe standing out as a key battleground for dominance in  the $30 billion video game industry.
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Microsoft Corp. is expected to report a sharp rise in quarterly profit Thursday, boosted by surging revenue as strong computer sales drive demand for its Windows operating system and Office software.
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Microsoft beat Wall Street expectations for both revenue and EPS (earnings per share) for its fiscal 2008 second quarter, attributing its strong quarter to sales of core client products, such as Windows Vista and Office 2007, as well as Exchange and SharePoint server software.
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Microsoft will launch an HD DVD drive add-on for its Xbox 360 console in November, a company executive said Wednesday.
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In a likely attempt at turning its fortunes around there, Microsoft will begin selling the Xbox 360 Elite in Japan starting October 11. The company hopes its feature set will attract discerning Japanese gamers.
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First-day sales of Microsoft Corp.'s  new video game "Halo 2" will reach &#36;100 million, a senior Microsoft games executive said on Tuesday.
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Sales of the Xbox 360 nearly doubled in September in the US thanks to Halo 3, while the Wii continue to post impressive sales numbers.
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PC Magazine - Microsoft Corp. sold 294,000 Xbox 360 video game consoles in January, a company executive said on Tuesday, citing preliminary research data.
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Investors will be looking for signs from Microsoft Corp.  of a strong holiday quarter for Xbox 360 video game consoles and new computers loaded with Windows Vista when the company reports results this week.
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Even though Microsoft's best selling game came out right before the holiday quarter, sales of the Xbox 360 console dipped slightly year-over-year.
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The U.S. sales of Microsoft Corp.'s   new Xbox 360 video game console during its first 13  months in stores were 6 percent higher than comparable sales of  the original Xbox, market research group NPD said on Thursday.
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Microsoft Corp. MSFT.O will start   selling its popular Xbox 360 gaming console in India by the end   of September, a company official said on Thursday.
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BREAKING NEWS - In early numbers from Microsoft prior to its quarterly financial results call to analysts this afternoon, the company reported revenue gains of 27% annually to $13.76 billion, and net income nicely higher by 23% annually to $4.29 billion, in what the company is calling its fastest first quarter of growth since 1999.
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Microsoft Corp  is seeing  shortages of its Xbox 360 video game console in the United  States, as the company failed to anticipate strong post-holiday  demand, an executive said on Wednesday.
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SEATTLE - Microsoft said Thursday it eked out a gain in net profit despite taking a $1 billion charge to pay for repairs to its Xbox 360 game consoles.
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TOKYO -- Microsoft Co. is set to release a cheaper, bare-bones version of the Xbox 360 video game console in Japan to boost flagging sales ahead of the arrival of new machines from rivals later in the year.
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Strong sales of new and old products alike led Microsoft to its fastest first-quarter growth in eight years with the company reporting growth in all five business segments and both revenue and EPS (earnings per share) that beat analyst expectations.Revenue for the fiscal quarter ended Sept. 30 was up 27 percent at $13.76 billion compared to $10.81 billion a year ago, Microsoft said Thursday. Consensus estimates from Thomson First Call analysts were for the company to generate revenue of $12.57 billion. Microsoft&#39;s EPS for the quarter was $0.45, which also soundly beat Thomson First Call consensus estimate of $0.39. Net income for the quarter was $4.29 billion, a 23 percent increase over the $3.48 billion reported a year ago.At $5.92 billion, operating income for the quarter also had double-digit percentage growth: An increase of more than 25 percent over operating income reported for the same period last year of $4.47 billion.Microsoft&#39;s first quarter was buoyed by the highly anticipated launch of the Xbox 360 game Halo 3 on Sept. 25, just days before the quarter&#39;s close. In its first 24 hours on sale, the game brought in $170 million in sales; it became the fastest selling video game in history after being in the market for just a week and a half, according to the company.Strong performances from Microsoft&#39;s client, business, server and tools, and online divisions also contributed to revenue growth in the quarter. In particular, Microsoft said sales of its Windows Vista OS experienced double-digit growth through multi-year business contracts, and demand for Microsoft Office, Windows Server, and SQL Server was also high.Looking ahead, Microsoft said it expects to report revenue in the range of $15.6 billion to $16.1 billion for its second quarter, which ends Dec. 31. Operating income is expected to be in the range of $5.9 billion to $6.1 billion, while diluted EPS are expected to be between $0.44 to $0.46 for the second quarter, the company said.For its fiscal year 2008, Microsoft expects revenue in the range of $58.8 billion to $59.7 billion and operating income in the range of $23.3 billion to $23.7 billion. Diluted earnings per share are expected to be between $1.78 and $1.81 for the fiscal year, the company said.