Well, the old joke about Microsoft not making any money off of the Xbox 360 no longer applies as it is pulling in $1.2 billion off of Xbox LIVE alone.

According to a Bloomberg report, Microsoft is doing quite making money with Xbox LIVE. The combination of Gold subscriptions and paid content such as movies, game add-ons, and other content could drive the total number to more than $1.2 billion based on statements made by Microsoft executives.
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  • 0
    Jimbo999 Jul 8, 10
    How much money does Microsoft need? They must have offices stuffed full of cash.
    • 0
      Nagare Jul 8, 10
      That's revenue, not direct profits. Although the profits will still be plentiful.

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