High Tech > Xbox

Xbox Series X|S Has Record-Setting Launch, But Microsoft Expects Shortages To Continue

1 month ago   |   By GameSpot

Microsoft's Xbox business is booming, and this includes huge numbers for revenue, Xbox Game Pass, Xbox Live users, and console sales, the company said during an earnings call. Xbox Game Pass is one of Microsoft's key strategies for next-gen , and the subscription service now has 18 million subscribers, which is up from 15 million that was announced in September. The addition of 3 million subscribers might be lower than some might have imagined, considering the holidays and other factors, but this might have been related to how Xbox Series X|S consoles have been and continue to be hard to...
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Xbox, PCs and gaming drive AMD and Microsoft's revenues

Xbox, PCs and gaming drive AMD and Microsoft's revenues

1 month ago   |   By PC World

Microsoft's Xbox was the thread joining Microsoft and AMD on Wednesday, as both companies reported stellar quarterly profits and revenues that benefited from the “stay at home, play at home” pandemic experience. AMD continued to benefit from the rabid demand for its embedded console processors as well as its GPUs and CPUs for the PC, as the chip company reported profits that soared about 450 percent, from $390 million a year ago, to $1.78 billion for the fourth quarter of 2020. Revenue also increased by 53 percent, to $3.24 billion. More tellingly, AMD predicted that revenue for the...
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Xbox Hardware Revenue Grew 86% Year-on-Year, Content & Services Up 40%; Gaming Revenue Up 51%

1 month ago   |   By N4G

Today, Microsoft announced its financial results for the second quarter of FY 2021, related to the period between Oct. 1, 2020, and Dec. 31.
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Xbox Series X|S Sales Boot Microsoft's Record Earnings

1 month ago   |   By IGN

Microsoft has posted record profits this quarter, including a boom in its gaming sector which has revenues up 51%. The company as a whole posted a record-breaking $43.1 billion in revenue.
In the most recent financial earnings report for the period ending on December 31, 2020, Microsoft shared that revenue increased by 17% to reach $43.1 billion and $15 billion in profit.
As per the case for the last several quarters, profits were driven by Microsoft's cloud platform, but that doesn't mean there weren't other successful ventures.
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Xbox Game Pass subscribers hit 18 million

Xbox Game Pass subscribers hit 18 million

1 month ago   |   By The Verge

Illustration by Alex Castro / The Verge
Microsoft is continuing to attract people to its Xbox Game Pass service. The “Netflix for video games” service now has 18 million subscribers, up from the 15 million previously reported in September. Xbox Game Pass is a subscription service that offers access to a growing selection of more than 100 Xbox games for $9.99 per month.
Microsoft has been pushing Xbox Game Pass for more than a year now, and it's clear the company is heavily invested in its future. Bungie's Destiny 2 title appeared on Xbox Game Pass late last year, and Control is also...
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Monthly Halo Infinite Updates To Start Soon, Promises 343

1 month ago   |   By GameInformer

Halo Infinite was delayed following an overwhelming amount of feedback when gameplay was first shown off last year. Originally meant to be an Xbox Series X launch title, the move to push the latest Halo adventure back to November 2020 was one not made lightly. That being said, communication on the status of the development pivot has been scarce and that's why 343 Industries is committing to doing better.
As the launch date of Halo Infinite looms closer, community director Brian Jarrard took to Reddit to offer a promise of more steady updates going forward. When one Redditor took to the...
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Xbox Series X|S launches help push Microsoft gaming revenue up 51%

1 month ago   |   By GamesIndustry

Xbox hardware sales were up 86% last quarter as Xbox content and services revenue rose 40%
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