Microsoft Corp. this week said it will launch a wave of new applications to the Xbox Live division of the Xbox 360.

Between now and spring 2013, the company will launch more than 40 apps to global territories.

New apps for the U.S. include MTV, Maxim, Machinima, PBS, and Skydrive.

Microsoft in Oct. recorded a 24 percent decline in Xbox 360 revenue from the year prior to $418 million. A total of 1.7 million Xbox 360 units shipped in the first quarter, down from 2.3 million units shipped the year prior. Xbox 360 hardware market share increased to 49 percent from 47 percent in the quarter.

In the Entertainment and Devices division, which includes the Xbox business, income fell to $19 million from $340 million one year prior.

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