According to a new report by Bloomberg, Microsoft "probably" hit somewhere around $1 billion in revenue last year just from Xbox Live. Dennis Durkin, COO Of the Xbox team at Microsoft, stated in an email that around half of the 25 million users that have Xbox Live on their Xbox 360 paid for a one-year subscription of Xbox Live, bringing a revenue of $600 million already.
Add that to content such as movies, games and TV shows, as well as avatar add-on purchases and UI themes, that bring about a $1.2 billion revenue to Microsoft just from Xbox Live last year.
What have you purchased on Xbox Live recently? Anything cool?
[...] it launched in 2002 that they must increase pricing to keep them in the market.Back in July, it was revealed that Microsoft made over $1 billion in revenue just from Xbox LIVE over the past year.Here’s [...]