That Microsoft is doing well with Xbox is a fact. The Xbox Series S turned out to be a hit, investments in studios and major publishers have won the trust of gamers and the stock is more or less replenished in the best possible way. To all this salad of good decisions, add Xbox Game Pass Ultimate, which is today the best existing video game service.
Today the company released its earnings sheet for the last fiscal quarter and, as you may have already deduced, things are going well for Xbox and Microsoft in general. The company pocketed $49.4 billion.
Huge results for Xbox this fiscal quarter
Looking at the results of the division of games, what we know is that this is the best quarter in xbox history as long as we don’t count those who concatenate the holidays, that is to say Christmas, New Year’s Eve and Black Friday. It’s certainly an important step and it shows that things are being done well.
At this time, not all the numbers are well broken down, but it is estimated that the revenue collection is at least $3,750 million for the gaming division.
- Xbox Games segment revenue increased 6% year-over-year in the quarter.
- Hardware sales were up 14% year over year.
- Software and Services grew 4% year-over-year, with Game Pass growth driving the results.
Microsoft said revenue from its Xbox Gaming segment increased 6% year-over-year for the quarter ending March 31.
Hardware sales were up 14% year-over-year, which is a positive sign for console availability.
Software and Services up 4% YoY with Game Pass growth. https://t.co/89WoHezGnS pic.twitter.com/ce2VLz4Ufm
—Daniel Ahmad (@ZhugeEX) April 26, 2022
Soon we’ll be able to break down the numbers better, but for now the data we already have on the table is good enough for Microsoft to be happy with its work.
