Congratulations, Microsoft. For the first time in the Xbox group's history, it's reported a profitable year (previous back-slapping have been confined to profitable quarters), with earnings released today showing the Entertainment & Devices Division (which, granted, also includes stuff like Games for Windows and the Zune) made around $426 million during the 07-08 financial year, mostly as a result of increased 360 console and software sales. That sure beats last year's results, which thanks to the RROD warranty extension saw the E&DD division go $1.9 billion in the red. Also included in Microsoft's report was the fact the company have now sold 20 million 360 consoles, which should provide a nice, clean figure for the company's post-NPD numbers spin.

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