Add and follow for Microsoft and Xbox. Having come to an end on September 30, the closure of the fiscal first quarter has left in the coffers of the company a total of 3,610 million dollarsa figure that barely exceeds that of last year on the same dates with 3,593 million dollars.
With these figures in hand, Xbox revenue has increased by 0.47% with respect to the financial results of the exercise of 2022, which supposes a record for the company with the best first quarter in history achieved by those now led by Phil Spencer.
Xbox Series and Game Pass, engines of the best first quarter
If we stop to break down the participation of the gaming division in these results presented, we see that hardware revenue, thanks to the high xbox series lawsuit S and Xbox Series X, have increased by 13% contributing 800 million dollars.
However, in services and content there has been a drop of 3%, but there it was Xbox GamePass to offset it with new growth in subscriptions.
Xbox Game Pass exceeds 25 million users | We are Xbox
Today is being a historic day, not only for Xbox, but for the video game industry in general. With the purchase of Activision/Blizzard by
After the new results achieved, Satya NadellaCEO of Microsoft, stated that:
We’ve seen usage growth across all platforms thanks to the strength of the console. PC Game Pass subscriptions grew 159% from last year and with cloud gaming we are transforming how video games are distributed, played and viewed. More than twenty million people have used the service to date to play streaming games.
Regarding the hardware, the manager added:
As we look ahead to the holidays, we’re offering the best value in gaming with Game Pass and Xbox Series S. Nearly half of Series S buyers are new to our ecosystem.
Despite what gossips may say, everything seems to be going in the face of Microsoft with its gaming division. During fiscal year 2023 the company expects complete the Activision Blizzard purchase for which you will pay $68.7 billion. As long as they allow it, of course.