Xbox hardware revenue up 14% due to Xbox One X launch
Microsoft has reported second quarter earnings for the period ending January 31, 2018 noting a 8% increase in revenue for its gaming business compared to the same quarter in 2017.
Revenue in More Personal Computing sector, which houses the company’s Xbox business, reported $12.2 billion in earnings, up 2% year-over-year (yoy0.
Gaming revenue increased $303 million or 8%, driven by higher revenue from Xbox hardware and Xbox software and services.
Xbox hardware revenue increased 14%, primarily due to the launch of Xbox One X. Xbox software and services revenue increased 4%, primarily due to Xbox Live revenue growth, offset in part by a decrease in revenue from the prior year launch of video games.
It was also reported Xbox Live now has 59 million active users, which is up 7% yoy compared to 55 million in Q2 2017 which blasted the prior year’s record of 49 million.
For the trailing six months, gaming revenue increased $313 million or 6%, driven by higher revenue from Xbox software and services, offset in part by lower Xbox hardware revenue. Xbox software and services revenue increased 11%, due to a higher volume of Xbox Live transactions, offset by decline in revenue per transaction. Xbox hardware revenue decreased 2%.
As a whole, the company reported a 12% increase in revenue of $28.9 billion with an operating of $8.7 billion , up 10% yoy.
Posted:
Related Forum: Xbox Forum
Source: https://www.vg247.com/2018/01/31/xbox-hardware-revenue-up-14-due-to-xbox-one-x-launch-microsoft-q2/
Related Articles
Comments
GhostPosted:
CraigSpecialize Wow 14 percent isn't much... Well I'm that 14 percent
14% of millions is a lot. In business terms, 14% is a hell of a lot to up your revenue.
There are 59million users, 14% would be 8260000. Now that's a lot.
CraigPosted:
Specialize Wow 14 percent isn't much... Well I'm that 14 percent
14% of millions is a lot. In business terms, 14% is a hell of a lot to up your revenue.
QTPosted:
Tom for the top console on the market with the specs of a highend PC, im glad to revenue went up. It probably will keep rising until PS gives in a does better.
Exactly. There is a reason the revenue is up. It is because this is an awesome console. I ended up not ordering one and I am looking for someone selling a little cheaper to get one.
GhostPosted:
Xbox only released sales information when they're okay, it'll never say when they do bad. I really dislike Microsoft.
TomPosted:
for the top console on the market with the specs of a highend PC, im glad to revenue went up. It probably will keep rising until PS gives in a does better.
DragonPosted:
I love my Xbox One X. It runs incredibly well. I just don't know if I can put it up against the PS4 Pro though. I believe they both stand out, in some concepts.
RodentPosted:
Mike That's pretty good to be completely honest
really good , probably one of the best consoles they have ever released I have on and Graphics are awesome
Latest Downloads
- 01. backrooms break save 100%(0)
- 02. GTA VC DE Starter save/set + Take the Cannoli(2)
- 03. Hookbots Save(0)
- 04. Fly Punch Boom Save(0)
- 05. Blast Brawl 2 Save(0)
- 06. Coffin Dodgers Save(0)
- 07. Baldur's Gate | Final Save(0)
- 08. Baldur's Gate | Temple in Undercity Save(0)
- 09. [FR] Tom Clancy's Rainbow Six: Rogue Spear: Black Thorn | Mission 8: Broken Sceptre Save(0)
- 10. [FR] Tom Clancy's Rainbow Six: Rogue Spear: Black Thorn | Mission 9: Empty Cloud Save(0)
- 11. [FR] Tom Clancy's Rainbow Six: Rogue Spear: Black Thorn | Mission 7: Blunt Scroll Save(0)
- 12. Trikaya | Part 4 Save(0)
- 13. WWE 2K14 - Xbox 360 Game Save(12)
- 14. Trikaya | Part 3 Save(0)
- 15. [EU] Morbid: The Seven Acolytes - Instant Platin (CUSA20417)(8)
Latest Tutorials
- 01. The Redress Of Mira 100% Walkthrough | Trophy & Achievement(897)
- 02. Russian Pinocchio Quick Trophy Guide(1,173)
- 03. Venatrix Quick Trophy & Achievement Guide(1,293)
- 04. Call of the Sea 100% Platinum Walkthrough(1,211)
- 05. Wire Lips 100% Platinum Walkthrough(1,346)
- 06. The Expanse 100% Platinum Walkthrough | Trophy & Achievement(1,173)
- 07. Doctor Who: The Edge of Reality - PS4 Platinum P/Thru(1,046)
- 08. Doctor Who:The Lonely Assassins - 100% Guide(903)
- 09. DAYMARE 1998 PS4 - Full game 100% TROPHY WALKTHROUGH(980)
- 10. Stray Platinum Walkthrough | Trophy & Achievement Guide(930)
- 11. Raji: An Ancient Epic | Complete Gameplay Walkthrough(1,252)
- 12. Corpse Killer: 25th Anniversary Edition - Longplay(1,212)
- 13. Song of Horror: Complete Edition Gameplay Walkthrough(860)
- 14. Remoteness 100% All Trophies Walkthrough(1,316)
- 15. Detective Inspector Mysterious Clues Platinum Walkthrough(983)
"Xbox hardware revenue up 14% due to Xbox One X launch" :: Login/Create an Account :: 15 comments