Christmas sales up for Xbox but profits fall

A successful Christmas for Xbox 360 hardware and software saw Microsoft's Entertainment and Devices division post record sales of $4.24bn for the Christmas quarter.

That's a 15 per cent year-on-year increase over 2010. The division registered a profit of $530m, which represents an annual decline of 28 per cent.

8.2m Xbox 360 consoles were shipped throughout the period. That's a decent leap from the 6.3m shipped last year. Xbox revenue in isloation grew nine per cent to $322m.

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