Entertainment & Devices - which includes the Xbox division - saw its profit leap from $108 million in fiscal 2009 compared to $679 million in 2010 - an increase of some 529 percent.
1.5 million Xbox 360s were shipped between April - June 2010, comparative to 1.2 million in the same quarter last year. However, sales for the full year were down slightly, standing at 10.3 million compared to 11.2 million a year ago.
The massive spike in profitability was largely attributed to lower development costs for their console as well as increased royalties from Xbox Live third-party content. Microsoft’s gaming division have struggled in previous years to make a profit, so no doubt this will be fantastic news for them.