Microsoft Q3 Earnings Release (04/24), Xbox 360 Sells 19 Million

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-cnc-

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#1 -cnc-
Member since 2007 • 1468 Posts

http://www.microsoft.com/msft/earnings/FY08/earn_rel_q3_08.mspx

Results for the Fiscal Quarter Ended March 31, 2007.

Revenue: $14.45B
Operating Income: $ 4.41B
Net Income: $4.39B

Entertainment and Devices revenue for the quarter grew 68% over the comparable period last year driven by robust demand for Xbox 360 consoles. Cumulative console sales surpassed 19 million during the quarter, up 74% from a year ago. Server and Tools revenue growth of 18% added to its string of consecutive double-digit revenue growth quarters, which now stands at 23.

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EPaul

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#2 EPaul
Member since 2006 • 9917 Posts
Hmm........... 5 million behind the Wii
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dipper145

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#3 dipper145
Member since 2007 • 1425 Posts
good news for microsoft.
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chikenfriedrice

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#4 chikenfriedrice
Member since 2006 • 13561 Posts
and that's with ZERO Japan sales....good job M$...just think if Japan didn't hate the 360
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thrones

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#5 thrones
Member since 2004 • 12178 Posts
Cool.
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lantus

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#6 lantus
Member since 2006 • 10591 Posts
Is that good compared to others? I'm kind of out of the loop when it comes to hardware sales now.
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mingo123

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#7 mingo123
Member since 2007 • 9005 Posts
ts one of the best console ever so thats kinda low...especially when something as sad as wii is selling more
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deactivated-619c4c1a1a382

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#8 deactivated-619c4c1a1a382
Member since 2005 • 4956 Posts
alright now for Sony's
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chikenfriedrice

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#9 chikenfriedrice
Member since 2006 • 13561 Posts

ts one of the best console ever so thats kinda low...especially when something as sad as wii is selling moremingo123

the Wii is cheaper I think that's a big part of it

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Egghead360

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#10 Egghead360
Member since 2008 • 693 Posts

Microsoft secures ANOTHER profitable quarter

Well done guys:)

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Madbhal402

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#11 Madbhal402
Member since 2008 • 612 Posts
Man the Xbox 360 must be carrying some weight in the MS electronics Division. Because the Zune sucks and it is not selling well.
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DragonQuestHero

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#12 DragonQuestHero
Member since 2006 • 1105 Posts

[QUOTE="mingo123"]ts one of the best console ever so thats kinda low...especially when something as sad as wii is selling morechikenfriedrice

the Wii is cheaper I think that's a big part of it

That did not seem to help the Gamecube though.

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skektek

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#13 skektek
Member since 2004 • 6530 Posts

Microsoft secures ANOTHER profitable quarter

Well done guys:)

Egghead360
Yup, that is three in a row, Unless something really goes wrong they will post a profitable year for their Entertainment and Devices Division (the first one ever). Of course they cooked the books a little, all the losses that they have incurred (and are still incurring) because of RROD/Extended Warranties were claimed in one large batch last fiscal year.
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-GhostMLD-

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#14 -GhostMLD-
Member since 2008 • 3282 Posts

Now thats how you make profits.........

imagine if japan liked 360, then they see some huge cash

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deactivated-58319077a6477

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#15 deactivated-58319077a6477
Member since 2007 • 4954 Posts

Good Job MS.

When will Sony announce their earnings? that would be interesting to know as well.

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chikenfriedrice

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#16 chikenfriedrice
Member since 2006 • 13561 Posts
[QUOTE="chikenfriedrice"]

[QUOTE="mingo123"]ts one of the best console ever so thats kinda low...especially when something as sad as wii is selling moreDragonQuestHero

the Wii is cheaper I think that's a big part of it

That did not seem to help the Gamecube though.

yeah true...maybe the whole motion control hype has helped too lol

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EmperorSupreme

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#17 EmperorSupreme
Member since 2006 • 7686 Posts

An improvement over first quarter last year, but a huge drop from the previous two quarters. This will be an interesting year for X360.

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Chaos_HL21

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#18 Chaos_HL21
Member since 2003 • 5288 Posts

Good for the Entertainment and Devices Division of Microsoft, they been making a profit for afew quaters.

and that's with ZERO Japan sales....good job M$...just think if Japan didn't hate the 360chikenfriedrice

Now that isn't true, they did sell five 360s in Japan, and may have a sixth console sold soon :D

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NWA_31

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#19 NWA_31
Member since 2006 • 11922 Posts

Is that even supposed to be surprising ? :P

I mean, everybody knew the Xbox 360 was doing extremely well in fall and winter 2007.

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Egghead360

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#20 Egghead360
Member since 2008 • 693 Posts
[QUOTE="Egghead360"]

Microsoft secures ANOTHER profitable quarter

Well done guys:)

skektek

Yup, that is three in a row, Unless something really goes wrong they will post a profitable year for their Entertainment and Devices Division (the first one ever). Of course they cooked the books a little, all the losses that they have incurred (and are still incurring) because of RROD/Extended Warranties were claimed in one large batch last fiscal year.

Regardless, even under continues pressure from a resurging PS3 and a dominant Wii, the sales continued to only rise. And on top of that they pull a profit

Q2 and Q3 could be called flukes, as Q2 had Halo 3 and Q3 was Christmas, and even though the month of Jan and somewhat Feb had shortages, it was still enough to again, make them earn a profit. As the install base increases steadily, and software sales get stronger, MSs investment in 360 is looking more and more worth it. And yes Fiscal 08 (April 07 to March 08) was a profitable year

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EmperorSupreme

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#21 EmperorSupreme
Member since 2006 • 7686 Posts

Now thats how you make profits.........

imagine if japan liked 360, then they see some huge cash

-GhostMLD-

I think you are mixing numbers up. The Electronics divsion profit was $89 million, the big part of their profits came from their Client division which was $3.1 billion all by itself.

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DragonQuestHero

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#22 DragonQuestHero
Member since 2006 • 1105 Posts
[QUOTE="DragonQuestHero"][QUOTE="chikenfriedrice"]

[QUOTE="mingo123"]ts one of the best console ever so thats kinda low...especially when something as sad as wii is selling morechikenfriedrice

the Wii is cheaper I think that's a big part of it

That did not seem to help the Gamecube though.

yeah true...maybe the whole motion control hype has helped too lol

Yeah, I think Wii Sports did have alot to do with it.

Still 360 not doing bad. I'm sure they well do better then the X-Box did.

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Egghead360

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#23 Egghead360
Member since 2008 • 693 Posts

An improvement over first quarter last year, but a huge drop from the previous two quarters. This will be an interesting year for X360.

EmperorSupreme
Q2 was Halo 3 and Q3 was Christmas. Q4 had shortage and a cheap PS3, so its a fantastic result given the circumstances
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vashkey

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#24 vashkey
Member since 2005 • 33781 Posts
[QUOTE="chikenfriedrice"]

[QUOTE="mingo123"]ts one of the best console ever so thats kinda low...especially when something as sad as wii is selling moreDragonQuestHero

the Wii is cheaper I think that's a big part of it

That did not seem to help the Gamecube though.

Back then there wasn't as big a price margin between the cube and the Xbox and PS2.

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-cnc-

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#25 -cnc-
Member since 2007 • 1468 Posts
Segment Revenue and Operating Income/(Loss)
(In millions) (Unaudited)
 Three Months Ended          Nine Months Ended
March 31, March 31,
                                      2008       2007            2008       2007
Revenue
Client $4,025 $5,274 $12,498 $11,167
Server and Tools 3,255 2,748 9,433 8,087
Online Services Business 843 603 2,377 1,764
Microsoft Business Division 4,745 4,827 13,668 11,768
Entertainment and Devices Division 1,576 936 6,565 4,916
Unallocated and Other 10 10 42 49
Consolidated $14,454 $14,398 $44,583 $37,751

                                   Three Months Ended          Nine Months Ended
March 31, March 31,
                                      2008       2007            2008       2007
Operating Income/(Loss)
Client $3,097 $4,204 $9,824 $8,689
Server and Tools 1,092 911 3,220 2,656
Online Services Business (228] (171) (745) (407)
Microsoft Business Division 3,138 3,399 9,017 7,794
Entertainment and Devices Division 89 (324) 614 (746)
Unallocated and Other (2,779) (1,430) (5,122) (3,451)
Consolidated $4,409 $6,589 $16,808 $14,535
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EmperorSupreme

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#26 EmperorSupreme
Member since 2006 • 7686 Posts
[QUOTE="EmperorSupreme"]

An improvement over first quarter last year, but a huge drop from the previous two quarters. This will be an interesting year for X360.

Egghead360

Q2 was Halo 3 and Q3 was Christmas. Q4 had shortage and a cheap PS3, so its a fantastic result given the circumstances

That's right Halo landed in Q3, that makes sense. Q4 is big for everyone. For some reason I was thinking Halo was in that quarter. Thanks

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DragonQuestHero

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#27 DragonQuestHero
Member since 2006 • 1105 Posts
[QUOTE="DragonQuestHero"][QUOTE="chikenfriedrice"]

[QUOTE="mingo123"]ts one of the best console ever so thats kinda low...especially when something as sad as wii is selling morevashkey

the Wii is cheaper I think that's a big part of it

That did not seem to help the Gamecube though.

Back then there wasn't as big a price margin between the cube and the Xbox and PS2.

Ture, but I still think that Wii Sports played a big part in that.

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-GhostMLD-

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#28 -GhostMLD-
Member since 2008 • 3282 Posts
[QUOTE="-GhostMLD-"]

Now thats how you make profits.........

imagine if japan liked 360, then they see some huge cash

EmperorSupreme

I think you are mixing numbers up. The Electronics divsion profit was $89 million, the big part of their profits came from their Client division which was $3.1 billion all by itself.

Entertainment and Devices profit ***by itself*** was 89 million?

Where did the link say that??????

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chikenfriedrice

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#29 chikenfriedrice
Member since 2006 • 13561 Posts
[QUOTE="vashkey"][QUOTE="DragonQuestHero"][QUOTE="chikenfriedrice"]

[QUOTE="mingo123"]ts one of the best console ever so thats kinda low...especially when something as sad as wii is selling moreDragonQuestHero

the Wii is cheaper I think that's a big part of it

That did not seem to help the Gamecube though.

Back then there wasn't as big a price margin between the cube and the Xbox and PS2.

Ture, but I still think that Wii Sports played a big part in that.

it appeals to young and old that for sure

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Egghead360

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#30 Egghead360
Member since 2008 • 693 Posts
[QUOTE="Egghead360"][QUOTE="EmperorSupreme"]

An improvement over first quarter last year, but a huge drop from the previous two quarters. This will be an interesting year for X360.

EmperorSupreme

Q2 was Halo 3 and Q3 was Christmas. Q4 had shortage and a cheap PS3, so its a fantastic result given the circumstances

That's right Halo landed in Q3, that makes sense. Q4 is big for everyone. For some reason I was thinking Halo was in that quarter. Thanks

Halo 3 had its own quarter, the Christmas period another, and this the third. I dont know how MS calculate their own Fiscal year, but great results nonetheless
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Dreams-Visions

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#31 Dreams-Visions
Member since 2006 • 26578 Posts
ok.
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-cnc-

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#32 -cnc-
Member since 2007 • 1468 Posts

When will Sony announce their earnings? that would be interesting to know as well.

Star650

http://www.sony.net/SonyInfo/IR/info/presen/index.html

Q4 FY2007 Earnings Announcement
Date: May 14, 2008 [Wed] 17:30 JST

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Gh0st_Of_0nyx

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#33 Gh0st_Of_0nyx
Member since 2007 • 8992 Posts

he fact that they sold that much in light of :

Piss poor japanese sales

RRoD

Ps3 really coming out of is shell

Is pretty good accomplisment

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xsubtownerx

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#34 xsubtownerx
Member since 2007 • 10705 Posts

Well one thing is for sure, Japan is highly overrated. I was always told (and believed) that without japan backing you up, you have no chance at succeeding in the gaming biz.

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EmperorSupreme

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#35 EmperorSupreme
Member since 2006 • 7686 Posts
[QUOTE="EmperorSupreme"][QUOTE="-GhostMLD-"]

Now thats how you make profits.........

imagine if japan liked 360, then they see some huge cash

-GhostMLD-

I think you are mixing numbers up. The Electronics divsion profit was $89 million, the big part of their profits came from their Client division which was $3.1 billion all by itself.

Entertainment and Devices profit ***by itself*** was 89 million?

Where did the link say that??????

You have to scroll down and look at the breakout of the divisions. Look at the chart labeled "Operating Income/Loss." It's on that chart under Entertainment and Devices.


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Mad_Rhetoric

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#36 Mad_Rhetoric
Member since 2005 • 3642 Posts
im guessing they will reach 25 million by the end of this year and eclipse the xbox1
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deactivated-58319077a6477

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#37 deactivated-58319077a6477
Member since 2007 • 4954 Posts

http://www.sony.net/SonyInfo/IR/info/presen/index.html

Q4 FY2007 Earnings Announcement
Date: May 14, 2008 Wed17:30 JST

-cnc-

Thanks.

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mmogoon

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#38 mmogoon
Member since 2006 • 7311 Posts
Good news.
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Vylence

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#39 Vylence
Member since 2003 • 268 Posts

Well one thing is for sure, Japan is highly overrated. I was always told (and believed) that without japan backing you up, you have no chance at succeeding in the gaming biz.

xsubtownerx

That depends on what you mean by back up. If you mean developer support you could be right, if you mean sales no. The US game sector makes 3 times as much as Japan does in a year, and this last year has grown about 50% compared to 10% in Japan.

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Lebron181

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#40 Lebron181
Member since 2008 • 837 Posts
How about given us more games for 09 instead of showing off?
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KingTuttle

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#41 KingTuttle
Member since 2006 • 2471 Posts

and that's with ZERO Japan sales....good job M$...just think if Japan didn't hate the 360chikenfriedrice

..And have such a massive fascination with some of the most bizarre games out there. Oh well the system caters to my tastes perfectly which is all that matters. It also has a great install base which ensures I will be buying games for it for a few more years to come.

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KingTuttle

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#42 KingTuttle
Member since 2006 • 2471 Posts
How about given us more games for 09 instead of showing off?Lebron181
This is for their investors. Every public company does this.
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Vasichko

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#43 Vasichko
Member since 2004 • 2565 Posts

The Xbox is carrying MS.

LOL cant wait for Windows Server 2008, Im sure its gonna suck as much as Vista. Really does MS make anything aside from the 360 that doesnt suck?

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SHuN_G0Ku

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#44 SHuN_G0Ku
Member since 2008 • 480 Posts

dont forget to subtract 33% to the total income

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GundamGuy0

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#45 GundamGuy0
Member since 2003 • 10970 Posts

The Xbox is carrying MS.

LOL cant wait for Windows Server 2008, Im sure its gonna suck as much as Vista. Really does MS make anything aside from the 360 that doesnt suck?

Vasichko

the Xbox 360 being good isn't due to MS it's due to the support it got...

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Lebron181

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#46 Lebron181
Member since 2008 • 837 Posts

[QUOTE="Lebron181"]How about given us more games for 09 instead of showing off?KingTuttle
This is for their investors. Every public company does this.

I don't see sony doing it. Unless they post it after this comment

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ermacness

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#47 ermacness
Member since 2005 • 10936 Posts

Well one thing is for sure, Japan is highly overrated. I was always told (and believed) that without japan backing you up, you have no chance at succeeding in the gaming biz.

xsubtownerx
well i don't think it was said that not having japan ensures you that won't succeed or turn profit, but was stated that a console can't win the war with only US
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TOAO_Cyrus1

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#48 TOAO_Cyrus1
Member since 2004 • 2895 Posts

How about given us more games for 09 instead of showing off?Lebron181

Um MS isnt like Sony, they dont announce games three or four years in advance. Sony pretty much announced every big PS3 exclusive at E3 05, many of which werent even in development at the time. Remember how sparce 08 looked this time last year? Noy 08 looks to be better then 07 exclusives wise. (Banjo, Fable2, NG2, GeoW2, Too Human > Halo 3 and Forza)

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Dante2710

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#49 Dante2710
Member since 2005 • 63164 Posts
thats pretty good =) MS should focus on Europe/NA and screw Japan
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liberty71441

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#50 liberty71441
Member since 2008 • 705 Posts
and that's with ZERO Japan sales....good job M$...just think if Japan didn't hate the 360chikenfriedrice


and with the RROD issue