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Techartica
Home»GAMING»Microsoft reports record levels of player activity and new Game Pass successes amid a decline in Xbox revenue
GAMING

Microsoft reports record levels of player activity and new Game Pass successes amid a decline in Xbox revenue

techarticaBy techarticaJanuary 25, 2023Updated:January 25, 2023No Comments2 Mins Read
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Microsoft reports new Game Pass successes and record player activity amid drop in Xbox revenue
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In the report on the second quarter of the fiscal year that ended December 31, Microsoft, the American platform holder, spoke out about the successes and failures in its gaming division during the period.

It was revealed that Xbox revenue dropped by 13% over the period, with sales of Xbox hardware falling by 13% and content and services reporting 12% less.

Be aware that Microsoft released only a niche roleplaying detective Pentiment between October and December 2022. However, in 2021, the platform had blockbusters Halo Infinite, Forza Horizon 5, Halo Infinite, and Forza Horizon 5.

Microsoft stated that the decline of content and services was associated with a decline within the studios and in monetization in third party projects. This was partially offset by an increased number of Game Pass subscribers.

Satya Nadella, Microsoft CEO spoke on a telephone call to investors about Game Pass “new heights” (No specifics) and reaching 120,000,000 monthly active Xbox gamers.

Game Pass (PC/console) had 10,000,000 subscribers in April 2020. In September 2020, this number rose to 15,000,000. In January 2021, it crossed the 18 million mark. It reached 25 million in January 2022.

Microsoft promises to reveal the release dates and details for highly anticipated exclusives, such as Redfall or Forza Motorsport, at the Developer_Direct stream. The stream starts today, January 25th, at 23:00 Moscow t.

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