Microsoft has simply shared its first quarter results for the 2024 fiscal year, and it is principally excellent news for Xbox. Following the long-anticipated launch of Starfield, Xbox has broadly seen a rise in total gaming income regardless of a decline in {hardware}.
In its press launch, Microsoft confirmed that Xbox content material and companies, which embody the gaming subscription service Xbox Game Pass, noticed a income enhance of 13% during the last quarter. This follows the discharge of Starfield, touted as probably the most essential releases in Xbox’s historical past, which managed to hit hit 10 million gamers in simply three weeks to change into the largest launch in Bethesda Game Studios’ historical past.
Xbox additionally bolstered its income by elevating the value on Game Pass.
Xbox posts its first earnings because the Activision Blizzard merger
It was not all excellent news for Xbox, as {hardware} income declined by 7%. It was a part of an total decline that noticed income from Microsoft {hardware} units equivalent to Surface tablets drop some 22%.
While there isn’t any direct rationalization for the decline in Xbox {hardware} gross sales within the quarter, it’s value declaring that a number of extremely confidential paperwork from Microsoft not too long ago surfaced on-line. One of these paperwork included plans to launch mid-generation mannequin refreshes of each the Xbox Series X and Series S someday subsequent 12 months, with a next-generation Xbox console slated to launch someday in 2028.
While no point out of it within the total monetary outcomes, it is also value declaring that is the primary earnings report Microsoft has printed because it efficiently acquired Call of Duty maker Activision Blizzard a couple of weeks in the past. While it will not have a lot of an impression on 2023, Microsoft is planning to convey an enormous catalog of Activision Blizzard video games to Xbox Game Pass beginning subsequent 12 months.
We’ll get a greater take a look at Xbox’s future plans in a accomplice direct scheduled for tomorrow, although there are not any plans to make any bulletins pertaining to Activision Blizzard. You can discover extra particulars on the occasion proper right here.
Taylor is a Reporter at IGN. You can comply with her on Twitter @TayNixster.
