Wednesday, October 26, 2022
HomeOperating SystemXbox FY23 Q1 gaming income up 4% because of {hardware}, offset by...

Xbox FY23 Q1 gaming income up 4% because of {hardware}, offset by decreased content material engagement



What you could know

  • Microsoft has revealed its earnings report for the primary quarter of fiscal yr 2023, which ended Sept. 30, 2022.
  • The earnings report reveals that the Xbox division noticed a 4% uptick in income over the identical interval final fiscal yr.
  • This improve was pushed by a 13% improve in income from {hardware} gross sales, similar to consoles.
  • The features have been offset by a 3% decline in content material and providers income, partially from a scarcity of first-party content material.

Microsoft has detailed its earnings report for FY2023 Q1, the start of a brand new fiscal yr that ended Sept. 30, 2022. The earnings report exhibits elevated income for Microsoft as a complete, with Xbox additionally seeing a small improve over the numbers reported throughout the identical interval final yr.

In line with Microsoft (opens in new tab), the Xbox division reported a 4% improve in general income, as much as $3.61 billion. That is pushed primarily by a stable 13% improve in income from Xbox {hardware}, such because the gross sales of Xbox Sequence X and S consoles, equipment, and extra.



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