Microsoft reported its 4th quarter fiscal year earnings earlier today and the results point to a strong, and growing, gaming division for the company. Courtesy of GamesIndustry.biz, the reports shows that Microsoft posted gaming revenues of $10.35 billion for the fiscal year, the first time the division has surpassed the ten billion figure, and a 14% improvement over the prior year. Fourth quarter, year over year results were even more impressive with revenue coming in at $2.29 billion, a jump of 39%. Xbox Live also saw year over year growth with a reported 57 million active monthly users in the 4th quarter compared to 53 million the prior year.
Our Take
With the launch of the Xbox One X, multiple first party titles including State of Decay 2 which topped the May NPD, and the growth of Xbox Game Pass, this news isn’t wholly surprising. Combined with the studio acquisition news from E3 and Microsoft CEO Satya Nadella re-affirming Microsoft’s investment into the gaming sector, the future seems to be very bright for the Xbox brand.
