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Xbox Hardware Revenue Grew 166% YoY Driving 16% Growth for Microsoft's Gaming Business

Microsoft announced its financial results for the first quarter of the fiscal year, related to the period between July 1, and September 30.

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40d ago Replies(22)
neutralgamer199240d ago

That's good it seems during the pandemic all these video game companies and entertainment in general has done quite well. It will be very interesting to see if there is a fall off of wants things get back to normal and I don't even know what the new normal will be like

DJStotty40d ago

the "new normal" will be the same as it always has been? what would be different?

Ethereal40d ago

Great to see gaming growing. Xbox has been pushing this generation and it looks like the numbers are reflecting that drive.

darthv7240d ago

growth is good. Series numbers are surpassing xbo sales in the same time frame by 1.6m. GPU users are growing... MS has certainly gotten off to a good start.

Fishy Fingers40d ago

A PLC spinning financial periods?

How stupid do you think investors are? N4G stupid? A PLC meaning they have to be open and transparent with their numbers so they can't spin.

FlyGuyHung39d ago

Its hard to think of or find a site that rivals N4G when its comes to the level of stupidity consistently on display in the comment section, especially in pro Xbox articles.

darthv7240d ago

you okay derek? you seem a little dizzy.

TheColbertinator40d ago

Spin to who? Investors? You're walking with your shoelaces untied.

+ Show (1) more replyLast reply 39d ago
darthv7240d ago (Edited 40d ago )

They certainly have been doing things better this time.

phoenixwing40d ago

I'm surprised people gave you disagrees for that. Anyone with a little bit of sense would be able to come to the same conclusion. Hopefully you only got the disagrees because people are fanboys not because they actually think you're wrong.

I don't really like microsoft much but their console is easily outpacing their last one and they are in the process of a new strategy that has them reaching for the fences as far as revenue. Whether that's actually good for gamers has yet to be seen. Although i could see some argue that I'm wrong and it's already helping gamers with cheap access to games. however, long term I'm not so sure microsoft will stay so magnanimous toward gamers once they get a stranglehold on the market.

CBaoth39d ago

I should happy that MS can't sell software? Look at the software charts for every major release since last November. With GP, the numbers are even worse.

For shits n giggles, say Hades sold 1 miilion copies when it released on PS/Xbox platforms. With a 7% sales clip that's an impressive 70k units sold on a install base of 5 million at the time. Should I be cheerleading like all the Xbox fans here for such dismal results?

Let's look at a non-GP title, RE:Village. With a sales ratio of 20%, we also know from Capcom that they shipped 4.5 million copies this past year. So essentially 900k units sold while your nearest competitor sold over 3 million. That's praise worthy? No wonder PC is the second most profitable platform nowadays for most publishers.

Redgehammer40d ago

20 billion in profit is a good start for sure.

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