Microsoft’s latest earnings results have been released for the quarter ended March 31, 2022 (FY22 Q3) – showing Xbox gaming revenues have increased by 6% year after year.
Xbox’s “content and services revenue” grew by 4% and was again driven by growth in first-party titles and Xbox Game Pass subscriptions. It was also “partially offset” by declines in third-party releases.
The company’s hardware revenues also increased during this period by: 14% – thanks to continued demand for Xbox Series X|S. Over the same period, Microsoft’s revenue was $49.4 billion (an increase of 18%) and his net income is $16.7 billion – an increase of about 13%†
Microsoft and its Xbox division are currently in the process of acquiring Activision Blizzard, which is still a while away from completion, but it could be merging Activision and Blizzard games with services like Game Pass and its cloud gaming services. Microsoft.
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