Microsoft has detailed its earnings for the first quarter of its 2024 fiscal year, pointing to a record-breaking Q1 for Xbox gaming revenue, despite a 7% drop in hardware sales.
Over the course of Microsoft's Q1 2024, which runs from July to September, Xbox generated $3.9bn USD in gaming revenue - equating to a 9% year-on-year increase - which the company attributed to strong performance from first-party titles and Game Pass.
Not coincidentally, Xbox's record-breaking Q1 encompassed the long-awaited launch of Bethesda's Starfield, which surpassed 10m sales within its first few weeks of release - and in an investor call following today's fiscal report, Microsoft CEO Satyda Nadella confirmed the game provided a significant boost for Game Pass, setting the record at launch for the "most Game Pass subscriptions added on a single day ever" (as per The Verge's Tom Warren).
source https://www.eurogamer.net/xbox-sees-record-breaking-q1-gaming-revenue-but-hardware-sales-are-down
Posts
No comments:
Post a Comment