News - Xbox closes Q4 with gains in hardware revenue, record engagement - Printable Version +- Sick Gaming (https://www.sickgaming.net) +-- Forum: Sick Gaming Community (https://www.sickgaming.net/forum-1.html) +--- Forum: Lounge (https://www.sickgaming.net/forum-8.html) +--- Thread: News - Xbox closes Q4 with gains in hardware revenue, record engagement (/thread-96367.html) |
News - Xbox closes Q4 with gains in hardware revenue, record engagement - xSicKxBot - 07-24-2020 Xbox closes Q4 with gains in hardware revenue, record engagement <div style="margin: 5px 5% 10px 5%;"><img src="https://www.sickgaming.net/blog/wp-content/uploads/2020/07/xbox-closes-q4-with-gains-in-hardware-revenue-record-engagement.jpg" width="200" height="200" title="" alt="" /></div><div><p>Microsoft saw an uptick in console sales during the last quarter of its 2020 financial year, reporting a 49 percent increase in hardware revenue due to an increase in consoles sold.</p> <p>It’s a notable increase given that Microsoft’s last few quarterly reports have found hardware sales to be slowing. That jump also comes alongside other year-over-year increases for the Xbox brand during the quarter ending June 30, 2020. </p> <p>Along with those year-over-year hardware gains, Microsoft says that Xbox content and services revenue also increased by $1.2 billion or 65 percent compared to the same quarter last year. As a whole, Microsoft says video game revenue increased $1.3 billion or 64 percent. Like many other companies right now, Microsoft credits that increase in spending (and record engagement) to on-going stay-at-home guidelines, as well as strength from third-party games.<br /> </p> </div> https://www.sickgaming.net/blog/2020/07/22/xbox-closes-q4-with-gains-in-hardware-revenue-record-engagement/ |