Microsoft avoids red ring of death with Xbox One sales

Microsoft's fourth-quarter sales report reads a bit like a Shakespearean play - it's basically a roller coaster of emotions.

The major highlight for gamers, however, is that the Xbox One has finally turned the tide on its blundered launch, posting a 27% increase in revenue year-over-year. This number, a combination of console sales, game sales and Xbox Live transactions, contributed to the $28 billion (about £18 billion, AU$37 billion) in profit the Redmond firm posted in the fourth...

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