Xbox 360 revenues have risen 33 percent since this time last year, hitting $1.2 billion in the first quarter, Microsoft announced today. Halo Reach represents a significant portion of the proceeds, raking in $350 million on its own (via Gamasutra).
The Xbox 360 helped the company’s Entertainment and Devices Division generate a $382 million profit the quarter, which represents a 46 percent increase from last year. The console was also cited as one of the key reasons Microsoft saw its revenue increase to $16.20 billion.
Microsoft expects further increases going forward, projecting a total year revenue increase of 20 percent and 30 percent year-over-year growth. Major releases will include Kinect and Windows Phone 7.
