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Microsoft releases financial results and Xbox brand numbers impress

Microsoft releases financial results and Xbox brand numbers impress

When Microsoft executives said in countless interviews they are betting high on the launch of Xbox One X, which will be released in November of this year and made official during E3 2017, there are grounds for such.

According to the latest fiscal report released by the Redmond company last Thursday (20), Xbox branded software and brand revenue increased 11 percent.

In other words, even if it is not in the lead of top-selling video games worldwide, including being ‘threatened’ by the Nintendo Switch, the Xbox line is one of Microsoft’s biggest hits and remains one of its most lucrative products.

Although not launching many titles this year, which should change with the arrival of Xbox One X, the company’s game division has grown in important markets, watching gaming revenue increased by the US $ 44 million (3%), Totaling US $ 1.66 billion dollars accumulated so far.

It is interesting to note that much of that profit came from services such as Xbox Live, for example, which increased its monthly subscriber base by 8%, totaling 53 million.

But not everything is just a celebration

Despite many positive results Xbox hardware revenue declined by about 29%, but not due to the lack of interest in the console, but caused by the low price due to the announcement of Xbox One X. The measure can be considered a true “balcony of Master “since many gamers are saving to invest in the new device.

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