Microsoft Sold 8 Million Kinects In 60 Days
Microsoft earnings just got released prematurely 10 minutes before market close, and aside from growing revenues 5% in the 2nd quarter to $19.95 Billion, the company’sÂ slides reveal some impressive growth numbers for their Entertainment and Devices devision, which generated $3.7 in revenue this quarter, and Â sold 8 million Kinects, a motion controller for the Xbox 360, in the two months since its launch.
Xbox Live memberships grew 30% and Xbox 360 console unit sales were up 21%, “the world’s fastest growing game console” according to Microsoft. Where does this leave the Wii?
Said Microsoft CFO Peter Klien about the Kinect’s success, â€œWe are enthusiastic about the consumer response to our holiday lineup of products, including the launch of Kinect. The 8 million units of Kinect sensors sold in just 60 days far exceeded our expectations. The pace of business spending, combined with strong consumer demand, led to another quarter of operating margin expansion and solid earnings per share growth.â€
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