Bloomberg estimates Xbox Live to be worth $1 billion+

4.6
Given the number of users and $50-a-year subscription fee, it's hardly a surprise that Microsoft is pulling in a ton of cash from Xbox Live, but it looks like the service has recently crossed a significant milestone: the $1 billion mark. That's what Bloomberg estimates for the past fiscal year, at least, based on the number of paid users (about 12.5 million), and a recent statement from Microsoft's Dennis Durkin, who said that sales of downloadable content had topped subscription revenue for the first time. That translates to about $600 million from subscription revenue, and at least $600 million from other sales, for a grand total somewhere north of $1.2 billion. Can't really blame Sony for following its lead, can you?

Posted:

Source: http://www.engadget.com/2010/07/07/bloomberg-estimates-xbox-live-to-be-worth-1-billion/

Related Articles

Comments

"Bloomberg estimates Xbox Live to be worth $1 billion+" :: Login/Create an Account :: 147 comments

If you would like to post a comment please signin to your account or register for an account.

-PSYCOSIS-Posted:

So, thats about 500 million English pounds then....... ;-)

OG-Posted:

They better make Xbox 720 a beast console with that money

BritishColumbiaPosted:

Dekline Daym, Microsoft is freaking loaded


Yea more than Sony

MedionPosted:

da10vid
TTGNOOBTUBE
Any It's honestly a bigger investment than the computer industry.. Xbox Live is a goldmine.


Agreed!


How the hell is Xbox LIVE anywhere near the computing industry, Xbox LIVE has only just hot the 1 billion mark, computing is at about 500 billion! Xbox isn't that good... yet!

It says 1 billion this year... Just saying...

FamousPosted:

I could believe that, lol

FeatPosted:

Scribble could be funds for a new xbox?


No because it said that's how much the services pulls in.

DeklinePosted:

Daym, Microsoft is freaking loaded

BulletsPosted:

Not surprised, With all the kids asking their parents for a xbox every year for christmas and all the kids wanting to play cod, Actually expected more.
BulletsModz

TornPosted:

deffo thought that xbox live would be worth more than that !

DubblePosted:

Pr3dat0r54 Well soon be making phone calls, & sending fax's over LIVE. lmfao


Yep lol Skype is coming to xbox i think so we will be making phone calls very soon :p


Latest Downloads

Latest Tutorials