2023-04-25 20:38:34
At the time of the third quarter earnings conference call of Microsoft’s 2023 fiscal year, the company reported remarkable growth within its games division, Xbox. The call highlighted three key aspects of this growth: a record number of monthly active users and devices, substantial revenue generated from gaming subscriptions, and an impressive milestone for unique users across premier titles. -party.
500 million players for first-party games
Thus, Microsoft announced that the total number of unique users of its first-parties reached the remarkable figure of 500 million. This achievement underscores the success of Microsoft’s games division and the company’s ability to create and maintain a portfolio of diverse and engaging games for its users, as Satya Nadella points out.
Record number of monthly users
Without giving specific numbers, Nadella said last quarter saw a record number of Xbox monthly active users and connected devices. Other important information, game subscription services brought in $1 billion in the last quarter. This considerable revenue is a testament to the growing popularity of these subscription services and their potential to drive the growth of the gaming industry.
An estimated growth for the fourth quarter
Amy Hood, in charge of group finance, gives some forecast information for the next quarter. Microsoft expects overall Xbox games revenue growth in the mid-single digits. This growth is mainly due to content and services, which should see growth of around 10%. However, no specific forecast was provided for hardware sales. It should also be noted that these forecasts do not take into account the impact of the recent acquisition of Activision Blizzard.
1682480913
#record #number #users #500M #firstparty #players