Bloomberg estimates Xbox Live to be worth $1 billion+

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Bloomberg estimates Xbox Live to be worth $1 billion+

July 8th, 2010, 00:09 Posted By: wraggster

Given the number of users and $50-a-year subscription fee, it's hardly a surprise that Microsoft is pulling in a ton of cash from Xbox Live, but it looks like the service has recently crossed a significant milestone: the $1 billion mark. That's what Bloomberg estimates, at least, based on the number of paid users (about 12.5 million), and a recent statement from Microsoft's Dennis Durkin, who said that sales of downloadable content had topped subscription revenue for the first time. That translates to about $600 million from subscription revenue, and at least $600 million from other sales, for a grand total somewhere north of $1.2 billion. Can't really blame Sony for following its lead, can you?

http://www.engadget.com/2010/07/07/b...rth-1-billion/

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