Microsoft has revealed its financial results for the quarter ending June 2012. The company achieved a record revenue total of $18.06 billion but made a loss of $492 million owing to writing down the value of Aquantive.
The Entertainment and Devices Division, which the Xbox brand belongs to, grew its revenue by 20 percent. Sales of the Xbox 360 are down 39 percent, with 1.1 million new consoles sold in the past three months.
Overall the Xbox 360 has been the bestselling home games console in the U.S. for 18 consecutive months. It seems that on Microsoft’s home turf at least the Xbox 360 is king and will remain so for the rest of this generation.
This generation will come to an end as soon as Nintendo releases the Wii U, hopefully followed shortly afterwards by the PS4 and Xbox 8 (or 720 or Loop). Then the whole battle for first place will begin once again in earnest.