Microsoft reports positive results for the Xbox division despite falling console sales
, by Thibaut
The American multinational has announced its results for the fiscal year January to March 2025. In the first quarter, Microsoft posted sales of $70.1 billion, up 13% on the previous year. Net income was $25.8 billion.
The Xbox division and games reported overall growth of 6%, despite a 6% drop in hardware sales. Content and services (i.e. Game Pass) were up 8% year-on-year. PC Game Pass grew by 45% year-on-year, and Xbox Cloud Gaming reached 150 million hours played during the quarter. This represents an increase of 10 million hours.
In addition, Microsoft reported that Xbox topped the ranking of publishers in terms of pre-orders and pre-installations on the PlayStation Store. Indiana Jones and the Great Circle, Forza Horizon 5 and Doom: The Dark Ages undoubtedly contributed significantly to the brand's success on PS5.
Source: windowscentral.com