zorg1000 said:
mrstickball said:
zorg1000 said:
Seece said: Took 360 less than 2 years to become profitable (or the EDD at least). Perhaps PS3 was tho, given it's made a huge loss that it won't recover. |
What is EDD?
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Microsoft's Entertainment & Devices Division. The part of the company that sells and reports profit/loss for the 360. By Q4 2007, it turned a $100 million+ profit that quarter. Since then, its been profitable every quarter, other than the one where they wrote down $1 billion USD due to RROD.
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Ok thanks and do u happen to know if 360 has lost or gained money in the long run? Im pretty sure PS3 while selling at a profit for the last few years stil hasnt made up for its initial losses.
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Given the EDD houses other projects it's impossible to know, but from what we do know, it's likely it's made a good profit. Since mid 2005 (so 6 months before 360, which would include some R&D and manufacturing plus Original Xbox losses) the division has made around $700 million profit ($3.3b losses in first 2 years of its life, $4bill profit over the last 6 FY's.)
As for Sony's Gaming division, it's lost $5bill plus with PSP and PS2 profits, and has only recently started profiting.