Microsoft Confirms Xbox Game Pass Continues to Impress
During its recent quarterly earnings call, Microsoft confirmed to investors that Xbox Game Pass has reached 18 million subscribers. Microsoft CEO Satya Nadella joined the revenue call to discuss different ways Xbox has contributed to the overall earnings of Microsoft, saying gaming revenue hit $5 billion, the highest-ever for a quarter. Xbox Game Pass Ultimate is available right now for Xbox One, Xbox Series X/S, PC, and Android through Project xCloud.
Microsoft confirmed a lot of big news during its recent quarterly earnings call as Xbox Live hit 100 million monthly active users despite the recent pricing controversy. $2 billion of the $5 billion in gaming revenue from the most recent quarter came from third parties alone. Microsoft also confirmed that the Xbox Series X/S was the most successful console launch in company history. Microsoft only recently confirmed that Xbox Game Pass surpassed 15 million subscribers, so it looks like millions of people continue to reactivate their subscriptions and even more fans are being driven to the library of titles.
“The launch of Xbox Series X and Series S was the most successful in our history with the most devices ever sold in a launch month,” said Satya Nadella. Xbox hardware revenue apparently grew 86% year-over-year, driven by the successful launch of the Xbox Series X/S. While other console launches have moved more units, Xbox is struggling to keep up with the demand for Xbox Series X/S and they continue to sell out quickly whenever they’re posted.
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