Xbox Series X/S Have Taken Market Share Globally for Two Consecutive Quarters and Are the Current Market Leaders

From January to March, Xbox Series X/S were the market leader among new-gen consoles in the United States, Canada, the UK and western Europe.

Posted By | On 27th, Apr. 2022

xbox series x xbox series s

The global semiconductor shortage has throttled sales for electronic hardware over the last couple of year, and while that has included the Xbox Series X/S as well, the duo of Microsoft’s new-gen consoles still seems to be doing well for itself.

In its latest quarterly fiscal briefing, the company reported a 6% year-on-year growth in its gaming revenue for the January-March quarter, which, incidentally, also made for the best ever quarter in Xbox history outside of a Holiday period, as pointed out by Niko Partners’ senior analyst Daniel Ahmad on Twitter.

Xbox content and services revenue grew 4% year-on-year, with Xbox Game Pass’s growth and sales of first party titles primarily contributing to the same. Content and revenue services crossed $3 billion, a first ever for Xbox in the Q1 period of any calendar year in its history. Xbox hardware revenue, meanwhile, grew 14%, while Microsoft also says supply for the console has increased over last year.

During the subsequent earnings call with investors, Microsoft CEO Satya Nadella provided further details on Xbox Series X/S’ commercial performance, revealing that the duo of consoles has captured the global console market share for two quarters in a row, with the two consoles also being the market leader for new-gen consoles in the US, Canada, UK, and western Europe.

“With our Xbox Series S and X consoles, we have taken share globally for two quarters in a row and we are the market leader this quarter among next gen consoles in the U.S., Canada, U.K., and Western Europe,” Nadella said.

While the PS5’s consistently constrained supplies and persistent stock shortages have surely contributed to the disparity between the two consoles, there’s no denying that the Xbox Series X and Series S have enjoyed impressive sales momentum since they launched in November 2020, and continue to gather pace as they move forward. Supply is, of course, one of the biggest factor affecting hardware sales right now, and clearly, Xbox is benefitting from Microsoft’s handling of the situation.

Microsoft stopped providing hardware sales figures long ago, so we don’t know what Xbox Series X/S’ global sales are as things stand right now. Earlier this year, however, reports estimated that the two consoles had, at the time, shipped over 12 million units worldwide, which should give us a rough idea of where that number might stand right now.


Amazing Articles You Might Want To Check Out!



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



Keep On Reading!

Call of Duty: Warzone 2’s Full Map Has Leaked – Rumour

Call of Duty: Warzone 2’s Full Map Has Leaked – Rumour

Prominent insider Tom Henderson has provided a rough recreation of what will supposedly be the map in the upco...

V Rising Sells Over 1 Million Units, Adds Offline Mode

V Rising Sells Over 1 Million Units, Adds Offline Mode

V Rising has sold a million copies since its early access launch a week ago. Developer Stunlock Studios has al...

Dune: Spice Wars Roadmap Revealed, Multiplayer Coming This Summer

Dune: Spice Wars Roadmap Revealed, Multiplayer Coming This Summer

Free-for-all and co-op for up to four players will be possible. A brand-new faction and victory condition are ...

PS5 Pro and New Xbox Series X/S Launching in 2023/2024, According to TCL Technology

PS5 Pro and New Xbox Series X/S Launching in 2023/2024, According to TCL Technology

Both consoles will be capable of rendering at 60-120 FPS at 2160p resolution and outputting in UHD-8K, as per ...

No Man’s Sky – Leviathan Expedition is Now Live, Adds Rogue-Like Time Loop Story

No Man’s Sky – Leviathan Expedition is Now Live, Adds Rogue-Like Time Loop Story

Explore the universe and gather Memory Fragments with each death resetting the loop. Rewards include a special...

Replaced Delayed to 2023

Replaced Delayed to 2023

The ongoing conflict in Ukraine has resulted in development being affected. Part of the team has relocated wit...