Microsoft Earnings Include Xbox Predictions

Thanks to an anonymous reader for pointing to Microsoft's press release discussing sales figures and plans for Xbox hardware and software, as part of their 4th quarter earnings. According to the release, "Since the launch of Xbox in 2001, Microsoft has sold over 9.4 million Xbox consoles worldwide, and by the end of the next fiscal year, Microsoft expects to have sold 14.5 to 16.0 million consoles." Xbox Live has "..over 500,000 subscribers worldwide participating in more than 1 million game sessions every week", and Halo 2 will be out by June 2004 (the end of next fiscal year), but other than saying that the Xbox-related Home and Entertainment section "..posted stronger than expected results in the fourth quarter, with 8% revenue growth over the prior year", there was no specific statement about Xbox's overall financial gain or loss.