Microsoft Q4 FY2014 Earnings: 1.1m Xbox One + 360 shipped, $4.61 billion profit (down 7.1% from year earlier), Xbox revenue up 14% to $104m

[Carl]

Conegamer said:

Damn...that's not great at all.

Overshipping maybe?

They overshipped through the holidays and early January.

Or to be more specific, retailers ordered too many. Nobody really expected Xbox One sales to fall as flat as they did after the early holiday rush.