Gaming and Xbox revenue decreases, and Game Pass reaches new highs, according to a Microsoft report

Gaming and Xbox revenue decreases, and Game Pass reaches new highs, according to a Microsoft report ...

Microsoft released its most recent financial report for the second quarter of the current financial year ended December 31, 2022.

According to him, Xbox's revenue decreased by 13% year on year as compared to the same quarter last year. The company highlighted the decline in content released from its own studios and the decrease in monetization in other projects.

Revenue from other Xbox content and services decreased by 12%. Decreased income from the sale of the consoles itself – by 13%. Microsoft, which released one last quarter Repentance studies Obsidian Entertainment, has issued Halo Infinite, Forza Horizon 5, and Age of Empires as examples.

Game Pass is still growing and reaching new heights. New highs in "subscriptions, game streaming hours, and monthly active devices" Game Pass has reached a new high of 120 million users in a month.

Microsoft has not yet released statistics on the number of subscriptions. Recall that last year it was known about 25 million Xbox Game Pass subscribers. It's a natural phenomenon, as Phil Spencer described it. This year, Microsoft is expected to release Starfield, Redfall, and other games, as well as close a merger with Activision Blizzard.

You may also like: