Xbox hardware revenue up 14% due to Xbox One X launch

4.3
Microsoft hasn’t provided sales figured for Xbox consoles for a very long time, but at least we know how its gaming business is faring.

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/

Comments

"Xbox hardware revenue up 14% due to Xbox One X launch" :: Login/Create an Account :: 15 comments

If you would like to post a comment please signin to your account or register for an account.

GhostPosted:

Craig
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.


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.

QTPosted:

I just ordered one lol

I hope its nice with that price!

TOXICPosted:

I'm not surprised with that price tag lol

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

MikePosted:

That's pretty good to be completely honest