Microsoft posted earnings for its third quarter today, announcing $21.7 billion in revenue for the three-month period that ended March 31, 2015, and net income of $4.99 billion. On the Xbox side, Microsoft said sales of its consoles and other computing and gaming hardware were down. The company sold 1.6 million Xbox consoles during the quarter, down from 2 million the same quarter in 2014. Microsoft said Xbox platform revenue decreased $306 million for the quarter, driven by a "decline in console volume and lower prices of Xbox One consoles compared to the prior year." Microsoft dropped the price of Xbox One back down to $349 in January after a holiday promotion.
via Gaming News Headlines - Yahoo! News http://ift.tt/1OiKdIc
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