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Microsoft's Gaming Revenue Grows by Massive 39% YoY Driven by Xbox Software and Services

Microsoft just announced its financial results for the fourth quarter of fiscal year 2018, and they're very positive.

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timlot95d ago

Weird down votes disagree I guess.

uptownsoul95d ago

Microsoft annual gaming revenue $10.35 billion;
Nintendo annual gaming revenue $9.7 billion;
Sony annual gaming revenue $17.29 billion;

(source: https://www.gamesindustry.b... paragraph 2)

fewDankMemes95d ago

@uptown

It's funny that people think that 10 billion dollar company is "dead" in the gaming market 😂😂

Razzer95d ago

"It's funny that people think that 10 billion dollar company is "dead" in the gaming market "

Microsoft, Sony, and Nintendo have all been declared "dead" in the gaming market at one point or another.

uptownsoul95d ago (Edited 95d ago )

@fewDankMemes

Yeah, a lot of people look to how much the corporations are worth overall…but what really determines these Gaming Division budgets are the revenue and/or profits of the Gaming Divisions themselves

@kevnb

Your right, revenue does not equal profit, but the revenue the Gaming Division brings in is a WAY better indicator of future Gaming Division budgets than the overall wealth of the entire corporation

ConsoleGamer95d ago

Dank

Just a company cheapskating on its consumers/ fans to keep revenue high

uptownsoul94d ago

@ConsoleGamer - "Just a company cheapskating on its consumers/ fans to keep revenue high"

ROFLOL…So when Xbox makes a lot of revenue = Xbox is giving the people what they want & consumers are responding by spending a lot in their ecosystem

BUT…

When PlayStation makes a lot of revenue = Playstation is "Just a company cheapskating on its consumers/ fans to keep revenue high"

Do I have that straight???

LandoCalrissiano94d ago

@uptown Wow. Considering the PlayStation brand is 7 years older than Xbox, I sure hope it makes more revenue, that would be pretty sad otherwise.

+ Show (5) more repliesLast reply 94d ago
lxeasy95d ago (Edited 95d ago )

Damn they did great this quarter, lots of good news coming from Xbox as of late.

Obscure_Observer95d ago

@lxeasy

"Damn they did great this quarter, lots of good news coming from Xbox as of late."

Yes. Since Phil got promoted to VP things are turning around in a big way for Xbox. Plus, Gamescom is just around the corner.

More greatness comming ;)

denawayne94d ago

But according to N4G, Xbox is dead

94d ago
fewDankMemes92d ago

Did you seriously just compare 911 to profits of gaming companies?

How sick in the head are you?

+ Show (1) more replyLast reply 92d ago
Obscure_Observer95d ago

Great News, indeed. Phil Spencer is the man! ;)

mark_parch94d ago

It does seem that since Phil's promotion and the recent big reshuffle in microsofts gaming division, things seem to be a lot more positive over at Microsoft. They had a good E3 and have finally committed to first party games, game pass really is a great service I just hope they can keep the momentum going and have a good gamescom. would love to see release dates for ashen and below. would also like to see crackdown 3 multiplayer, more info on gears 5, halo infinite, the last night and battletoads.

lxeasy94d ago

I think we will def see more crackdown 3, and possibly gears 5. Not so sure about halo infinity and the others but it'll be nice.

+ Show (1) more replyLast reply 92d ago
Razzer95d ago (Edited 95d ago )

"mainly from third party title strength"

Not really much of a surprise there, but some excellent growth overall. That is what stockholders want to see.

Wulfer95d ago

Imagine what they could do with 1st and 3rd party growth...

Razzer95d ago (Edited 95d ago )

That would be nice to see. Been "imagining" first party growth for too long. But that's why their studio acquisitions were so important.

timlot95d ago (Edited 95d ago )

Wouldn't have any growth if they didn't have a gaming platform. Some thought MS would have sold off xbox years ago.

TheUndertaker8595d ago

Wouldn’t the word “mainly” in context actually say that part of it is due to first parties? 🤔

Razzer95d ago (Edited 95d ago )

Can't even remember what exclusives Xbox had FY 2017, if any, so yeah, first party certainly couldn't have gotten worse.

The 10th Rider94d ago (Edited 94d ago )

@Razzer,

2017 is where they really dropped the ball. The previous years all had at least like 2-4 Microsoft games worth mentioning, even if they weren't incredible games. In 2017 they had Forza 7 (which is a fantastic series, but with Motorsport one year and Horizon the next year since the beginning of the gen it's lost its luster a bit) and . . . Halo Wars 2. The past two years it's like they've barely been bothering to release games.

+ Show (2) more repliesLast reply 94d ago
slate9195d ago

Nice job Phil and Xbox team

hulk_bash198795d ago

Congrats to Microsoft and Xbox. If utilized properly, the first party studios they announced at E3 will only help them build on that success. Hopefully we see more quality exclusives on their current and future platforms.

HonestGamer595d ago

Good news for gaming 👍🏽

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