Redmond, Wash. – Microsoft (NASD: MSFT) said strong performance at its Entertainment and
Services division — which houses its games unit — helped propel the company
to beat Wall Street analysts’ expectations for its fiscal second quarter
earnings.
The Entertainment and Services division experienced 55% growth during
the quarter. Microsoft sold more than 8 million of its Kinect motion-sensing
game systems in just 60 days, as well as 6.3 million Xbox 360 consoles.
Subscriptions to its Xbox Live online game service also rose 30% over the same
period in 2009.
Overall, Microsoft reported $19.95 billion in revenue on $6.63
billion of net income for the quarter, besting analysts’ estimates of $19.2
billion.
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