Microsoft has officially released their latest earning report, and overall the numbers are very positive, especially on the Xbox side of the company. Here are some important notes from the report:

  • Revenue was up $51.73 billion vs. 50.88 billion
  • Xbox hardware revenue up 4%
  • Gaming section of Microsoft now representing 11% of total revenue
  • Xbox gaming division reported $16.28 billion, setting new record for brand
  • Game Pass and First Party software up YoY
  • Decline in 3rd Party software sales
  • Content and services overall up 8.8% YoY, holding $12.6 billion of total revenue
  • Xbox Series X|S is believed to have surpassed 12 million units sold, but is an estimate

None of these profits account for the revenue gained by Activision-Blizzard-King as the acquisition is not yet complete, however gaming revenue for Xbox would have almost an extra $10 billion added to overall YoY returns if it had already been finalized.

Source: Daniel Ahma

mike szoke the editor-in-chief of gpn

Mike Szoke

Editor-in-chief

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