Insane increase in revenue (68% year over year... how's that even possible if the console sold 20% more YOY at a lower price?).
But practically no profit.
Conclusion: despite the comparatively high price of X360 - only one small price drop in 2.5 years is never heard of (xcept the marvelous Wii of course) - MS can only profit from it during the Holiday quarter.
Perhaps I should add; no wonder MS aren't able to drop the price in NA.