Xbox Live Active Users At 53 Million, Xbox Gaming Revenue Up

Microsoft’s Q3 FY 17 financial results are in for gaming.

Posted By | On 21st, Jul. 2017 Under News


Amidst recent financial reports from other companies, Microsoft has announced its gaming financial results for Q3 of the 2017 fiscal year which ended on June 30th 2017.

As part of the “More Personal Computing” side, Microsoft’s gaming business has seen its share of increase. Active Xbox Live users are up by 4 million year-on-year for a total of 53 million users (which is an 8 percent increase compared to last year). Gaming revenue increased by 3 percent thanks to software and service sales while Xbox software and services revenue alone grew by 11 percent year-on-year.

Overall revenue was at $23.3 billion GAAP while operating income was $5.3 billion GAAP (or $7.0 billion non-GAAP). The overall net income came to $6.5 billion GAAP which isn’t too bad for the company considering that the PS4 has pulled ahead of it in terms of sales for some time now.

Microsoft is currently gearing up to release the Xbox One X on November 7th with several high profile releases like Forza Motorsport 7 and Crackdown 3 also on the way.


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  • waltIII314

    I think xbox will be just fine

    • Holeybartender

      Unfortunately.

    • Fweds

      Fake Upvotes..

    • Holeybartender

      Can’t help that but it doesn’t mean I’m wrong. And no that’s not me upvoting,It’s my groupie I guess..

  • Ocelot forgot his meds

    Wow gaming revenue increase of 3% overall. They are at 9 billion now and poised to take off with Xbox gamepass, mixer and all the $ they make off of Sony’s 3rd person single player timed exclusives with their Havok ownership. And the X is right around the corner !

    • Mr Xrat

      Retarded woodpecker scrambling for excuses.

    • Fweds

      Why are you still giving yourself 10 Fake Upvotes with your Upvote Bot each time ?
      I’m surprised Discuss haven’t got wind to this yet.

    • Fweds

      More Fake Upvotes.

  • Mr Xrat

    And still down on Q2 2017 for those precious MAUs.

    Looks like hardware was a flop, even with new SKU refreshes. Concerning.

    • Fweds

      Fake Upvotes.

    • dark_knight44

      You’re not wrong. The article failed to report the 29% decline in hardware revenue.

  • Fweds

    10 More fake Upvotes from the Upvotes Bot.

    I’m surprised Disqus hasn’t got wise to this after so long.

  • Fweds

    Great results especially as many will be holding off buying a console until the Xbox1X is launched.


 

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