Microsoft Fiscal Results Show Continued Growth for Xbox in Gaming

The latest Microsoft earnings report has been published for the 4th quarter of 2021 (April through June) and it’s pretty much an expected story for Xbox as a brand.

As you would expect, Xbox Series hardware continues to drive hardware revenue up despite chip shortages globally. Hardware specifically was up 173% year over year. Microsoft CEO Satya Nadella announced on the earnings call that the Xbox Series X and S are the “fastest selling Xbox consoles to date – faster than any prior generation.”

The Overall Gaming segment for Xbox was also up 11% YoY. Xbox Content and Services meanwhile, dipped slightly YoY by 4%. According to Microsoft, revenue was driven upwards by Game Pass subscriptions and strong first-party performance, but offset by a weaker showing in third-party revenue. At this time, no new numbers were provided on Game Pass subscriptions.

By Seasoned Gaming

Covering the videogame industry with daily content, unique opinions, and as always, no ads or filler.

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