Xbox consoles are experiencing their best moment.
Microsoft is known within the video game industry when it comes to giving its sales data for not offer details about the Xboxes sold*, thereby making it a complete mystery if their consoles are being a commercial success or not and forcing users interested in knowing this data to go to market analysis agencies, which is usually accompanied by information not accurate.
Despite this, it should be noted that Microsoft has made public the financial data from your first fiscal quarterwhich ended on September 30, 2022, thereby giving rise to the fact that, although we do not know the exact sales of Xboxyes we can see that this console is having good business performance.
Xbox Series S and Game Pass would be responsible for this commercial success
And all this is because, according to the company itself, Xbox revenue grew 13%, as far as consoles are concerned, while that of its games grew by 4%. On the other hand, it has been reported that service revenues fell 3%this being something that has happened despite the fact that Xbox Game Pass adds more and more subscriptions.
Be that as it may, this data goes much further, since according to what DomsPlaying, an independent analyst, has commented on his personal Twitter account, this implies that Microsoft has increased its year-on-year revenue by 0.47%, being so that this makes this first quarter the best in the history of the brand. Although, yes, this arises despite the confirmation of massive layoffs at Microsoft.
Note:
Microsoft just posted its 10Q filing, with the exact amount of Xbox revenue in fiscal Q1:
$3.61B.
That means year-on-year growth is somewhere near 0.47%.
It’s still the best Q1 result ever reported for Xbox revenue, up from last year’s $3.59B. https://t.co/xUjhEuwPwG
— Dom (@DomsPlaying) October 25, 2022
On the other hand, more details have been given about sales of consoles and services, such as PC Game Pass subscriptions are up 159%in the same way that it seems that the user base that is buying their consoles is new, since they affirm that nearly half of Xbox Series S buyers they didn’t have a Microsoft console previously.