Yesterday, Microsoft announced their second quarter earnings which showed a six-month income of $524 million. (Place little pinky in corner of mouth.) If you know much about the Xbox history, this is the first time Microsoft has made any money from the the Xbox’s Entertainment and Devices Division. In fact, they posted a $423m loss during the same period last year.

This news doesn’t make me happy because I think MS needs more money. It makes me happy because if the division is profitable, we can be sure that the Xbox will be around for a long time. I don’t want to go back to a world with only two consoles to choose from.

Hit the link for the official quarterly report from Microsoft.

Link: Microsoft Quarterly Report [Via Joystiq]