Xbox Live transactions grow 20% to boost revenues

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Xbox Live transactions grow 20% to boost revenues

July 20th, 2013, 01:08 Posted By: wraggster

Windows Phone business grows by $134 million

Microsoft has made its report for Q4 of fiscal year 2013, which shows the company continuing to grow its revenues despite a console transition and harsh PC market.
The good news is perhaps a bit surprising, as one might expect some gloom and doom in the quarterly report of a company that has just lost a major executive and has announced dramatic restructuring.

The biggest success for the Entertainment and Devices Division was its Windows Phone business, which grew by $134 million.
Microsoft's Xbox division sold a million consoles – down a hundred thousand from last year – but grew its Xbox Live transaction revenue by twenty per cent.
Only losing a hundred thousand sales from last year is pretty impressive considering the impending launch of the Xbox one this holiday season.

http://www.develop-online.net/news/4...osts-strong-Q4

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