We knew that the Xbox 360 has been doing pretty well in the West as of late, but we didn't realize Microsoft has kind of been dominating the Western console industry.
Overall, this resulted in a net loss of nearly half a billion dollars. Now that sounds bad, but people more knowledgeable in the tech business don't seem too concerned. That loss comes from a bad deal to acquire online ad service aQuantive which set them back $6.2 billion (which is lunch money as far as Microsoft is concerned.)
That said, revenue is rising year-over-year, and speculation is that the release of Windows 8 will boost their income even more. So far it looks like Microsoft is going to be in a position of great strength when they get ready to launch the successor to the Xbox 360.
