Microsoft’s gaming revenue surpassed 5 billion USD in 2020.
As every year, Microsoft has just announced and published the financial results of its last quarter ended last December 31, 2020, with impressive data totaling revenues of more than $43 billion. However, the highlight of these accounts has undoubtedly been Microsoft’s gaming business, managed entirely under Xbox, with a great quarter in which record numbers were achieved.
In addition to the recent but still limited arrival of the new generation of Xbox X Series and S Series consoles, during the last few months, we have seen how Microsoft reinforced its bet on Xbox Live and Game Pass services and content, whose revenues increased by 40% compared to last year.
In terms of gaming services, Xbox Live already has more than 100 million monthly active users, in addition to 18 million active Game Pass subscribers. But that’s not all. It is worth noting that the launch of these consoles also managed to establish itself as the most successful in the company’s history, with the highest number of consoles sold in the first month of launch. Unfortunately, however, the company still seems to want to hide the specific number of units, limiting the data available to some third-party studios.
So, for the next quarter, Microsoft expects to experience new growth in gaming revenue, estimating a new rise of approximately 40%. A figure was mainly driven by the restocking of the Xbox X Series and S Series; And of course, a new push from its services, which aim to grow another 20%, even while maintaining their prices.