Xbox One “Building Momentum” According To Microsoft; Publisher Posts Operating Loss

Despite posting a $2.1 billion operating loss for the fourth quarter of its fiscal year, Microsoft has noted that both its Surface and Xbox divisions witnessed substantial growth, and that the Xbox One is beginning to build momentum off the back of backwards compatibility and the forthcoming holiday line-up.

Speaking during today’s earning presentation, the publisher’s CFO Amy Hood revealed that total revenue for Microsoft’s Xbox division rose by 27% over the same period last year,...

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