Chris Kohler
Culture

Microsoft: We Lost Less Money By Selling Fewer 360s

Microsoft is still losing money on every Xbox 360 they sell, according to the company’s financial reports released today. Check out this very telling line from the details of the report: EDD operating loss decreased during the three months ended March 31, 2007 primarily due to decreased products costs from lower sales of Xbox 360 […]

360coinMicrosoft is still losing money on every Xbox 360 they sell, according to the company's financial reports released today. Check out this very telling line from the details of the report:

EDD operating loss decreased during the three months ended March 31,
2007 primarily due to decreased products costs from lower sales of Xbox
360 consoles...

Note again that this is the primary reason for the loss decrease. Microsoft said they shipped only 500,000 Xbox 360 consoles worldwide this quarter, down from 1.7 million in Q3 2006.

Microsoft Q3 2007 Earnings [NeoGAF]