Xbox Content And Services Revenue Rose 30% Year-Over-Year In Last Fiscal Quarter

Game Pass and recent releases were key in the rise.

Posted By | On 28th, Oct. 2020

xbox logo

Right now most eyes are on the next generation of consoles. Even if someone isn’t lucky enough to be able to get one just yet, it’s still exciting to look to new tech. But, of course, the world didn’t collectively stop during this time period and things keep selling on the current material, and you can see that in the rise of revenue on the Xbox side.

In the latest financial report from Microsoft to investors, they showed a strong rise in the brand. Xbox content and services revenue rose 30% year-over-year with gaming overall revenue also growing by 22% for the period between July 1st and September 30th. Xbox hardware did fall slightly down 27% as one probably expects from this long in the system’s life as well as upcoming new hardware coming. Continued Game Pass subscriptions and the strong sales of both first and third party games are pointed at as being the driving forces of these increases.

Microsoft will release their next generation consoles, the Xbox Series X and Xbox Series S, on November 10th. You can read the details about those systems through here.


Amazing Articles You Might Want To Check Out!

Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Cyberpunk 2077 and Phantom Liberty Have Generated Roughly $750 Million in Revenue

Cyberpunk 2077 and Phantom Liberty Have Generated Roughly $750 Million in Revenue

In 2023, the action RPG and its expansion raked in roughly $206 million in revenue, CD Projekt has revealed.

The Witcher 4 Has Over 400 Developers Working on it, Still in Pre-Production

The Witcher 4 Has Over 400 Developers Working on it, Still in Pre-Production

Meanwhile, Cyberpunk 2 and Fool's Theory remake of the first Witcher are both in the concept stage of producti...

Predator: Hunting Grounds is Coming to PS5 and Xbox Series X/S in Late 2024

Predator: Hunting Grounds is Coming to PS5 and Xbox Series X/S in Late 2024

Developer IllFonic has taken over publishing for the title, with a new update next month and additional Predat...

Helldivers 2 Patch Fixes Freezes From Arc-Based Weapons and Stratagems

Helldivers 2 Patch Fixes Freezes From Arc-Based Weapons and Stratagems

The new patch ensures the Arc-12 Blitzer, Arc Thrower, and Tesla Tower will no longer cause players' games to ...

Like a Dragon, Judgment Developer is Seemingly Teasing an “Important Announcement” for Monday

Like a Dragon, Judgment Developer is Seemingly Teasing an “Important Announcement” for Monday

But Monday is April Fool's Day, so it could be a whole lot of nothing. Then again, it could be Judgment 3.

Princess Peach: Showtime! Beats Dragon’s Dogma 2 and Rise of the Ronin to Top Weekly Japanese Charts

Princess Peach: Showtime! Beats Dragon’s Dogma 2 and Rise of the Ronin to Top Weekly Japanese Charts

Princess Peach steals the spotlight from both massive, new open world action RPGs in the latest sales charts f...