Microsoft games profits up by 16 per cent
But company's revenues down overall.
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Microsoft has announced Xbox 360 and PC gaming revenues rose by 16 per cent in the last quarter.
The increase was driven by console sales. In the last three months 1.7 million Xbox 360 units were shipped to shops, compared to 1.3 million during the same period last year. In the first nine months of FY09, 10 million consoles were shipped - up from 7.5 million in the same period in 2008.
Company-wide revenue stood at USD 13.65 billion, down by 6 per cent over the same period in 2008. According to the Associated Press, it's the first revenue drop Microsoft has seen in 23 years of being a publicly traded company.