James Brightman, IndustryGamers:

“Now, in Microsoft’s just released fourth-quarter and year-end earnings, we see that Xbox 360 shipped 13.7 million units (up from 10.3 million in 2010) and operating income more than doubled for the Entertainment and Devices Division from $618 million to $1.32 billion.”

Nintendo plans to release the Wii U in 2012, and Sony is rumored to be readying a PlayStation 4 console. But momentum is clearly on Microsoft’s side with the Xbox 360, which saw renewed interest with the release of the Kinect peripheral in 2010. Gamers still love to play Xbox 360 games, and Microsoft has built a thriving, vibrant online ecosystem in Xbox Live Arcade, as well.