Microsoft reports $100M decline in Zune revenue

[wraggster]

Microsoft's newly-announced layoffs and declining profits aren't the only bad news in Redmond -- according to the company's quarterly statements, Zune platform revenue decreased $100 million, or 54 percent compared to the same quarter last year, due to falling device sales. Mega-ouch. Not all is doom and gloom for the Entertainment and Devices Division, which continues to be profitable with a $151m haul: Xbox 360 and PC platform revenue increased six percent ($135 million) to $2,250 million. Meanwhile, Apple saw a three percent increase in iPod sales over the same period, so we're anxious to see what Microsoft has planned for reviving the social.

http://www.engadget.com/2009/01/23/microsoft-reports-100m-decline-in-zune-revenue/