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!

GRID Legends Interview – Driven to Glory, Career Mode, and More

GRID Legends Interview – Driven to Glory, Career Mode, and More

GRID Legends associate creative director Steven Brand speaks with GamingBolt about the upcoming racer.

Hyper Scape, Ubisoft’s Battle Royale Shooter, is Shutting Down

Hyper Scape, Ubisoft’s Battle Royale Shooter, is Shutting Down

Ubisoft's battle royale shooter Hyper Scape will be shutting down in April after having struggled consistently...

Star Wars: 1313 – New Footage of the Cancelled Game Surfaces Online

Star Wars: 1313 – New Footage of the Cancelled Game Surfaces Online

While LucasArt's cancelled Star Wars game featuring everyone's favorite bounty hunter might be cancelled, it i...

Final Fantasy 7: The First Soldier and Final Fantasy 7 Commemorative Broadcast to be Held on January 31

Final Fantasy 7: The First Soldier and Final Fantasy 7 Commemorative Broadcast to be Held on January 31

Square Enix announces that they will be holding a commemorative broadcast for Final Fantasy 7: The First Soldi...

Monster Hunter Rise Receives Update 3.8 for Nintendo Switch, Fixes Bugs

Monster Hunter Rise Receives Update 3.8 for Nintendo Switch, Fixes Bugs

Capcom releases a new update for the Nintendo Switch version of the game, which fixes quite a lot of bugs and ...

Metroid Prime 4 Developer Hiring Tools and Technology Engineers

Metroid Prime 4 Developer Hiring Tools and Technology Engineers

Though it was announced in 2017, development on the highly anticipated sequel would be restarted in 2019 under...