Phil Spencer Describes Latest Microsoft Earnings As “A Nice Moment For Xbox”

Head of Xbox Phil Spencer has described the recent quarterly Microsoft earnings report as a nice moment for Xbox.

Posted By | On 30th, Apr. 2022

Phil-Spencer

Microsoft recently held its quarterly earnings meeting, which was then followed by the head of Xbox Phil Spencer taking to Twitter to recognize the occasion and describing it as a nice moment for Xbox.

He also thanked other high-ranking executives within Microsoft such as CEO Satya Nadella for their feedback and support. While this might not be some surprise revelation or announcement, it’s most certainly a much-needed recognition for Xbox’s astounding growth in the last couple of years.

Microsoft’s latest earnings report has revealed that the Redmond-based giant’s gaming division has seen a 6% year-on-year growth. Furthermore, it was also revealed that Xbox Series X and Xbox Series S had become the market leader this quarter in many key markets around the globe. With a constant influx of high-profile releases (including first-party) set to release on Xbox Game Pass in the near future, it seems highly unlikely that Microsoft’s momentum will be waning down anytime soon.


Amazing Articles You Might Want To Check Out!

Keep On Reading!

Dragon Quest 11 S: Echoes of an Elusive Age is Being Temporarily Delisted on the Switch eShop

Dragon Quest 11 S: Echoes of an Elusive Age is Being Temporarily Delisted on the Switch eShop

Existing owners "will not be affected during this time, and you can still venture forth on your quest to save ...

Fallout: New Vegas Lead Writer Returns to Obsidian Entertainment as Creative Director

Fallout: New Vegas Lead Writer Returns to Obsidian Entertainment as Creative Director

John Gonzalez – who also worked on Horizon Zero Dawn and Forbidden West – is back at Obsidian but isn't wo...

BioWare Has Reportedly Shrunk Down to Less Than 100 People

BioWare Has Reportedly Shrunk Down to Less Than 100 People

The studio recently restructured and cut several jobs following the commercial underperformance of Dragon Age:...

Gears of War Collection Will Launch for PS5 Day One – Rumour

Gears of War Collection Will Launch for PS5 Day One – Rumour

The remastered trilogy will be one of several PS5 releases by Microsoft. Whether a Switch 2 version is also in...

Lost Records: Bloom and Rage – Everything You Need to Know

Lost Records: Bloom and Rage – Everything You Need to Know

Don't Nod returns to the interactive drama genre with Lost Records- here's everything you should know about it...

Ninja Gaiden 2 Black is a Great Reminder of What Makes Shorter Linear Games So Good

Ninja Gaiden 2 Black is a Great Reminder of What Makes Shorter Linear Games So Good

The remastered action game reiterates the strengths of top-notch linear game design.