Xbox Hardware Revenue Grew 94% YoY, Microsoft Reveals in Latest Financial Report

Xbox is doing very well for itself since the Xbox One X launch.

Posted By | On 25th, Oct. 2018

Xbox One X

It looks like the release of the Xbox One X has re-energized the console gaming brand, because everything seems to be going fine and peachy for the Xbox brand, and for Microsoft’s gaming division as a whole, per their latest quarterly financial report.

Microsoft reported that gaming revenue grew to $2.738 billion in the last quarter, up by 44% quarter by quarter. Microsoft attributes this growth to sales of Xbox software, as well as services. Xbox Live monthly average users are up to 57 million, representing another increase for the service after a dip to 53 million the last time the numbers were reported.

The big news here, however, is not how Microsoft’s gaming or services revenue is doing as far as Xbox goes – we know it’s doing well, and that’s never not been the case. The news here is that Microsoft shared something resembling hardware numbers for the very first time in a long time, confirming that Xbox hardware revenues are up YoY by a staggering 94%. As you may suspect, they attribute this primarily to the launch of the Xbox One X late last year. This also goes in line with the information regarding the Xbox One we have from yesterday’s NPD report, too.

On the whole, it looks like, in spite of their trials and tribulations earlier in the generation, Xbox and Microsoft are doing great for themselves, which is fantastic news. Hopefully, they continue to do even better going forward.


Amazing Articles You Might Want To Check Out!



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



Keep On Reading!

15 Open World Games of 2022 And Beyond To Look Forward To

15 Open World Games of 2022 And Beyond To Look Forward To

Fans of open-world games have a lot to look forward to in 2022 and beyond, and here are 15 games of that ilk t...

15 Graphically Stunning Games of 2022

15 Graphically Stunning Games of 2022

The year is chock-full of high-profile titles and many of them look absolutely gorgeous. Take a look at 15 tha...

Battlefield 2042 Receives New Update Alongside Battlefield Portal XP Fixes

Battlefield 2042 Receives New Update Alongside Battlefield Portal XP Fixes

Developers DICE and Ripple Effect Studios have released new updates for Battlefield 2042 and Battlefield Porta...

BlazBlue Central Fiction Update Adds Rematch for Player Matches Along with Bug Fixes

BlazBlue Central Fiction Update Adds Rematch for Player Matches Along with Bug Fixes

The new update for Arc System Works' fighting game BlazBlue Central Fiction is live, adding in the option to r...

Shenmue: The Animation is Releasing on February 5

Shenmue: The Animation is Releasing on February 5

The anime adaptation of the first two Shenmue games finally gets its official release date, along with a new t...

Yomawari 3 to Receive an Exclusive Limited Edition, Characters and Gameplay Features Revealed

Yomawari 3 to Receive an Exclusive Limited Edition, Characters and Gameplay Features Revealed

The Japan exclusive horror game slated to release on PlayStation 4 and Nintendo Switch shares more details abo...