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That figure is f'ing amazing.  I don't understand where all the costs are for the EDD to regularly only post quarterly profits of  ~$150 million then.  I'm sure that part of this 1.2 billion is profit, plus they must be making money off the 360 hardware  and accessories sales, then there's all the game sale royalites - wtf can be costing them that much?. Is it zune , windows mobile 7, office for mac?! Do they have marketing budgets of >500 million p.a.?