More market share and billions of hours on Game Pass.
Like every trimester, Microsoft presents its financial results in a kind of meeting with its shareholders. Well, this third quarter of the company’s fiscal year is once again crowned with records. The billing amounts to $49.4 billionwith an operating profit of 16,700 million. The games division grew by 6% compared to the same period of the previous year, reaching the $3,740 million.
Xbox content and services increased by 4%. We learned that the increase comes from the increase in Game Pass subscriptions and sales of first-party titles
The consoles are not left out either, with a nice 14% increase in hardware sales. The sustained demand for Xbox X|S-Series is the delight of the Seattle giant, which broke new sales records last month.
The fastest growing segment remains the cloud
Surprisingly, no information was given on the acquisition of Activision-Blizzard..
Satya Nadella shared more details on the figures presented. During the conference with the shareholders, the boss of Microsoft confirmed that had gained market share in the past two quarterspossible outcome Shop Xbox Series X|S Stock and demand remained strong despite everything. The consoles were even market leaders in several countries like Canada, United Kingdom, United States and Europe
And the good news doesn’t stop there. Actually it was FRanck Shaw, Xbox Communications Managerwho shared on his Twitter some figures on Game Pass and Cloud Gaming. He said that over 10 million gamers have tried the remote gaming service since its launch. The program also openedor to four new countries to reach a wider audience.
Game Pass players have consumed several billion hours over the last twelve months. This figure has increased by 45%something that undoubtedly highlights the success of the service.
