Holiday season, Xbox One launch - it's much easier to make "revenue" off $500 hardware, than from $5 a month Office services. 4 million Xbox Ones is already an extra $2 billion in revenue, regardless of what the profit is.<p>I expect their revenue to continue to increase a little bit in the next quarters (YoY), as they keep focusing on selling hardware. I don't think their profits will improve too much, and might even see a decline within a few quarters, as it gets harder and harder to sell Windows 8 licenses, since most people don't like it too much, enterprise customers don't like it, and they've just announced a year and a half before release that Windows 9 is coming next year, which is pretty crazy on their part. Android and iOS will also keep affecting the sales of PCs, and therefore the sales of Windows licenses, too.