Microsoft has shared its financial results for the most recent quarter of the fiscal year.
Both Xbox Series X and Xbox Series S are experiencing a good commercial moment despite the semiconductor crisis that is seriously affecting production. In microsoft They can boast of breaking sales records in recent months, something that is confirmed by the most recent data.
The company has shared its financial results corresponding to the most recent quarter of the fiscal year and, among all its businesses, the good work of its participation in video games stands out. In this sector they have entered $3.74 billion during the period, which represents a year-on-year growth of 6%.
Most revenue comes from content and services81% of this revenue comes from content and services and only 19% from hardware, but that does not prevent it from being the best quarter in Xbox history if we do not count those that comprise the Christmas season. Nor that console sales increase 14%a 16 if we do not count the impact of the currency.
Sadja Nadella and Amy Hood have highlighted that the supply of Xbox Series has increased compared to last year, allowing them to lead 2022 in next-gen console sales in many Western territories such as the United States, Canada, the United Kingdom and Western Europe.
They have been gaining ground in the market for two quarters, that is, half a year, thanks to Xbox Series X and Xbox Series S, although they expect video game revenue in the June quarter to decrease largely due to difficult supply conditions for consoles and the fewest hours of play after the effects of the pandemic.
Sales lead in next-gen in the last quarterAs to GamePass, at Microsoft are also happy with the current state of the service. Although they have not updated the official number of subscribers, 81% of income from content and services has a lot to do with the subscription, which has helped a 4% growth compared to previous periods.
In fact, there has been one of these statistics that we never know how to value fully but it helps the company to get its chest out: Xbox Game Pass has increased the hours spent by its players by 45%specifically speaking of billions of hours played on the subscription service during the last twelve months.
In short, it can be concluded that it is being a good time for Xbox in general, since the difficult production situation seems to be affecting it less than the competition, which is cutting ground in sales During the last months. If you already have an Xbox console, we recommend a special article where we offer you nine tips to extend the life of your console that will surely come in handy.
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More about: Xbox, Xbox Series, Xbox Series X, Xbox Series S, Xbox Game Pass, Microsoft and Tax results.
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