The Xbox division was one of the only bright spots in Micrsoft's earnings report this quarter.
While profits overall declines 11% for the year, Xbox video-game unit was rockin'. Sales growth was almost double some forecasts. The business posted its third straight quarterly profit and revenue rose 68 percent to $1.58 billion. Microsoft predicted growth of 25 percent to 35 percent.
Exclusive titles like "Halo 3'' and ``Mass Effect'' were the key, analysts think.
It was "an outstanding Xbox quarter,'' said Canaccord Adams Inc. analyst Peter Misek in Toronto. "It's just amazing that a company this size is being driven by video games.''
Will it continue?
Bloomberg: Microsoft Earnings Decline 11%; Forecast Is