Gaming

Xbox: Decreased turnover for the last quarter.

Microsoft has released the latest data for the second quarter of fiscal year 2023 (October, November and December 2022). And curiously, we can read there that the turnover of the Xbox division is falling, with the decrease in turnover related to equipment (sale of Xbox Series X|S and accessories) falling sharply (-13%), and revenue from services and games fell by 12%.

According to The Verge, this is because Microsoft would have sold fewer Xbox Series X|S during this period compared to last quarter, and that’s at lower prices ($249 for Series S in the US, 229 euros). in Europe), which does not help these statistics. The decision not to raise the prices of Series X and Series S in Europe may also play a role, as Sony has increased the price of consoles in our continent by 10%.

Xbox Series S remains an unexpected success

Finally, the last Xbox Game Pass status report a year ago reported 25 million subscribers, but since then Microsoft hasn’t released an update on those numbers. It is impossible to know how the service has evolved since then, but subscriber growth seems to be much slower now than when the service first started. To give you an idea of ​​the potential in terms of subscriber numbers, Microsoft 365 claims 63.2 million subscribers!

Otherwise, for those worried about the future of Xbox, know that Microsoft made $52.7 billion in sales this quarter on $14.4 billion in net income. I’d say it’s not too bad…

FY23 Q2 – Press Releases – Investor Relations – Microsoft.

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