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Submitted by jjw4k 1189d ago | article

How the Video Games Industry Is Faring

"A look at results from selected companies in the video games business:

Oct. 20: Microsoft Corp. says revenue from the Xbox 360 products and services grew 7 percent, led by higher revenue from the Xbox Live service and offset by decreased revenue from video games and fewer consoles sold. Microsoft says video game revenue decreased because the same period a year ago had strong sales of "Halo Reach." Microsoft says it shipped 2.3 million Xbox 360 consoles during the latest quarter, compared with 2.8 million a year ago." - Assosciated Press (Industry, PC, PS Vita, PS3, PSP, Wii, Wii U, Xbox 360)

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