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Microsoft has best quarter yet, Q1 revenue at $16 billion

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October 29th, 2010
Microsoft has announced record earnings for the first quarter of the 2011 fiscal year, where it raked in $16.2 billion in revenue and made over $5 billion in profits. Its Xbox division saw a 33 percent increase in revenue, to $400 million, where 2.8 million consoles were sold during the quarter. Software wise, Microsoft revealed that Halo Reach brought in $350 million in revenue.

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