Microsoft’s fiscal year ended June 30, 2022, so it’s time for the balance sheet. According to the opinion of Invitation of the shareholders to the general meeting, the issue of performance is addressed and in particular that of Game Pass. Rest assured, Xbox’s subscription service is doing very well and is still proudly showing double-digit growth. However, the number of subscriptions is well below the company’s ambitious targets.
While the goal was to attract 72.88% more people than last year, the subscription growth rate was “only” 28.07%. After an exceptional 2019-2020 financial year, the slowdown trend continues. This is the second time in a row that the objectives have not been met, but despite everything the Game Pass continues to be seduced and profitable.
