Microsoft's gaming revenue has increased by 10% year-on-year
, by Thibaut
Microsoft has revealed its latest quarterly results. Over the past three months, revenue from Xbox's content and services division rose by 13% compared to the previous quarter. However, the brand did not disclose the total number of Game Pass subscribers.
Unfortunately, the decline in hardware sales continues, with a 22% drop in revenue for the quarter. Year-on-year, Microsoft Gaming saw a 10% increase in revenue and $2 billion for the full fiscal year.
Also year-over-year, revenue from Xbox content and services rose 16%, while hardware revenue fell 25%. For the quarter, Microsoft as a whole reported revenue of $76.4 billion (+18%) and net income of $27.2 billion (+24%).
Source: theverge.com