Xbox gaming revenue increased 51% year-on-year, but hardware fell 31%
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In its third quarter fiscal report, Microsoft revealed that gaming revenue increased 51%while sales of hardware fell 31%.
This large increase in revenue is the result of the purchase of Activision Blizzard and the significant decrease in Hardware is due to the weak sales of Xbox consoles, something that neither the launch of Starfield managed to reverse it.
The CFO of Microsoft, Amy Hoodsaid the company expects the hardware Xbox continue to decline in the next quarter.
In summary:
- Xbox gaming revenue increased by 51%
- 55% of its gaming revenue comes from Activision
- Xbox content and services increased by 62%
- 61% of its content and services come from Activision
- Xbox hardware dropped 31%
Xbox gaming revenue increased 51% year-on-year, but hardware fell 31%
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Xbox gaming revenue increased 51% year-on-year, but hardware fell 31%
