Saturday, October 27, 2007
Halo 3 Helping Microsoft
The Xbox 360 by Microsoft is a popular gaming console that has helped the company's financial numbers (and many other aspects) due to its popularity. Microsoft recently announced that sales of the Xbox 360 were up by about 100% during their fiscal first quarter, this was largely due to the release of the video game Halo 3. Microsoft said it shipped 1.8 million Xbox 360 consoles during the past quarter compared to 900,000 gaming consoles in the same period a year ago. The surge in sales has been attributed to the recent release of Halo 3, a science fiction first person shooter video game. Halo 3 was released on September 25th and on the day of its release it made $170 million. Net income for Microsoft during their past quarter was up 23% to $4.3 billion.