Xbox Live Has 59 Million Users, Gaming Revenue Up Year-Over-Year

Gaming revenue for the quarter increased $345 million year-over-year.

Posted By | On 27th, Apr. 2018

Xbox One X

In its most recent financial results for the third  fiscal year quarter ending March 31st 2018, Microsoft announced that total Xbox Live users currently sat at 50 million. While this represents a 7 million increase year-over-year, it’s flat compared to the second quarter of the current year.

More Personal Computing, which consists of Xbox business among other things, saw $9.9 billion in total revenue. Again, while this is up by $1.1 billion year-over-year, representing a 13 increase, it’s down compared to the second quarter of this year ($12.2 billion revenue).

Gaming revenue for this quarter increased $345 million or 18 percent year-over-year thanks to Xbox software and services seeing a 24 percent revenue growth. For the nine months of this fiscal year, gaming revenue increased 9 percent or $658 million. Xbox software and services revenue growth was at 15 percent during this period.

Information on console unit sales is no longer provided by Microsoft. We’ll likely learn more about the company’s success (or lack thereof) in subsequent updates so stay tuned for more information.


Tagged With: , ,

Amazing Articles You Might Want To Check Out!

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



Keep On Reading!

Warcraft 3: Reforged Update 2.0 Brings Overhauled Visuals, Revamped UI, and More

Warcraft 3: Reforged Update 2.0 Brings Overhauled Visuals, Revamped UI, and More

The remaster now also allows players to swap between its multiple visual styles, which includes a new remaster...

Mortal Kombat 1 Trailer Showcases Brutal Ghostface Gameplay

Mortal Kombat 1 Trailer Showcases Brutal Ghostface Gameplay

Scream's Ghostface will join Mortal Kombat 1's roster of characters as guest DLC fighter later this month, on ...

Warcraft: Remastered and Warcraft 2: Remastered Announced, Out Now on PC

Warcraft: Remastered and Warcraft 2: Remastered Announced, Out Now on PC

Both remasters are available for $9.99 on Battle.net and include wide-screen support, updated artwork, and qua...

GTA 5, Dying Light 2, and Like a Dragon: Ishin! Lead PS Plus Game Catalog Lineup for November

GTA 5, Dying Light 2, and Like a Dragon: Ishin! Lead PS Plus Game Catalog Lineup for November

PlayStation Plus Premium subscribers will also get access to Resistance: Fall of Man, Resistance 2, Blood Omen...

All First-Party Xbox Games Could Potentially Come to PlayStation and Nintendo Platforms, Xbox Boss Suggests

All First-Party Xbox Games Could Potentially Come to PlayStation and Nintendo Platforms, Xbox Boss Suggests

“I do not see sort of red lines in our portfolio that say ‘thou must not,'" says Microsoft Gaming CEO Phil...

Xbox is Still Eyeing More Acquisitions, Phil Spencer Says

Xbox is Still Eyeing More Acquisitions, Phil Spencer Says

"When we can find teams and technology and capability that add to what we’re trying to do in gaming at Micro...