9/21/2023 0 Comments Diablo 4 quarterly update 2022![]() ![]() ![]() This growth was attributed to new third-party game releases and the popularity of Xbox Game Pass, which saw a 22% increase in quarterly hours played. Microsoft's gaming business saw sales of approximately $3.49 billion in the second-best fourth quarter to date, with a $36 million increase compared to the previous year. While the financials did not provide detailed console sales, they did give insights into the gaming division. This strategy led to Microsoft breaking its tradition of not revealing Xbox Series X/S sales numbers, showing their commitment to the deal. ![]() ![]() The tech giant spent most of this year downplaying the success of its Xbox business to support the Activision Blizzard acquisition. Contrary to previous claims of losing the console wars in June, these latest insights into Microsoft's financial performance demonstrate sustained growth within its gaming division. In the fourth quarter of Microsoft's 2023 fiscal year, the company released its financial report, which unveiled record-breaking monthly Xbox user numbers and impressive sales figures, among other notable accomplishments. Additionally, it aims to highlight the benefits of the Xbox Game Pass Ultimate tier. Microsoft's upcoming Xbox Game Pass Core, set to replace Xbox Live Gold, is anticipated to increase console subscriptions by providing a more valuable and feature-rich experience. Highlights Microsoft's gaming division witnessed consistent growth, as its quarterly sales increased by 1% to reach $3.49 billion in revenue for the period ending June 30.ĭespite a 13% drop in hardware revenue, Xbox boss Phil Spencer remains unfazed about console sales, affirming that Microsoft's gaming strategy remains unaffected. ![]()
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