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Millenium said:
So let's just do a inaccurate and conservative calculation:

If theoretically 39M xbl users pay 40 bucks per year for XBL, the revenue figure would be:

1.560 Billion USD...

Sick!

no that's (short of) 40 million Gold and Silver members. AFAIR 60% of them are Gold members. Meaning around $1b in subsription revenue.
even though I'd say that the normal price for a subsrciption would lean more towards $50-$55 ($60 being official price + Europeans paying more)

So more like $1.2b