Saturday, January 29, 2011

Microsoft rides Kinect to record quarter

Microsoft has released an exceptionally strong set of second quarter results, on the back of growth in the company's Windows and Entertainment divisions. Depending on how you do the accounting—and Microsoft reports it two ways this time—Microsoft either saw a slight drop in profit or a jump. Either way, the company's revenues were up, and the big story is that Kinect had quite a bit to do with it.

"We are enthusiastic about the consumer response to our holiday lineup of products, including the launch of Kinect. The 8 million units of Kinect sensors sold in just 60 days far exceeded our expectations," said Peter Klein, chief financial officer at Microsoft in a statement.

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