Microsoft announced the results of the third financial quarter, which ended in March 31, 2023. In terms of income derived from the data described today, Microsoft lives a relatively strong third quarter.
Xbox Game Pass continues to increase the number of users
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Xbox console and services offered to users by Microsoft continue to provide earnings for years. Microsoft informs you that the income gained by Xbox in this context has increased. In addition, the company explains that Xbox Game Pass has reached more than 3 percent of the year thanks to its growth. We have found some comments on Xbox services during the company’s earnings interview and said: “Our active user count and console sales are increasing in the direction of the third quarter, and in this context, we can say that we broke record in the third quarter. The income from subscriptions in this quarter reached about 1 billion dollars. In this process, we have brought PC Game Pass to 40 new countries and doubled our existing market count. “
With it, Xbox has one of the best third quarter gains ever, as specified by independent analyst Domsplaying.
According to the data described on the other hand, the third quarter gaming revenues (from year to year) had a decline of 4 percent. This means a withdrawal of about 3.59 billion dollars.
Unlike Sony and Nintendo on the other hand, Microsoft did not disclose console sales figures as part of three-month financial results.
Microsoft FY 2023 Q3:
use the reported decline of 4%, quarterly gaming revenue was $3.59B.
Annual Xbox sales are just above $15.4B right now.
Xbox Content & Services is committed to $12B, or 78% of the total based on my math.
Here’s annualized Xbox business sales over time. pic.twitter.com/Dnmeo8COVS
— Dom(@Domsplaying) April 25, 2023
