Xbox hardware revenue rises as micro .ft record earnings report



Microsoft posted record profits this quarter, including a boom in its gaming sector, with revenue up 51%. The company had a combined revenue of $ 2.1 billion. In its most recent earnings report for the period ending December 1, 2020, Microsoft reported that revenue grew 1%% to. 1.1 billion profit and ૧ 12 billion.

In the case of the last few quarters, profits were driven by Micro .ft’s cloud platform, but that doesn’t mean there weren’t other successful ventures.

Confirmed Xbox Series X Games

Xbox Series X | The launch of the S saw the biggest increase in hardware. Micro .ft says the gaming hardware segment has grown 86% thanks to new hardware, although the company has not shared a specific number.

Meanwhile, Microsoft has reported that XB overall X has increased revenue by 51% overall in games with a 40% increase in revenue from content and services. The growth is attributed to third-party titles, Xbox Game Pass subscriptions and first-party titles.

According to Satya Nadella, CEO of MicroSFT during the conference call, Xbox Game Pass now has 18 million subscribers. That number also doesn’t take into account Micromaft’s Xenimex acquisitions, which it says are expected to close later this year.

News of the successful quarter of micro .ft has pushed the micro .ft stock forward. The company’s success is of course based not only on gaming but also on a wide array of products and ingings. Microsoft’s line of software includes software, applications, home computers and more; While the R&D department doubles in projects like putting servers underwater.

For more, check out IGN’s Xbox Series X review, Xbox Series S review and details on the new Halo Infinity info drop this weekend.

Matt TM Kim is a reporter for IGN. You can reach it.