Some highlights from Microsoft Q2 FY21 (Oct - Dec 2020) earnings-
Xbox:
Gaming Revenue up 51% YoY ($5bn)
- Xbox Content and Services up 40% YoY, driven by 1P/3P game sales + Game Pass subs
- Xbox hardware up 86% YoY, driven by Xbox Series X|S launch.
microsoft.com/en-us/Investor
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Couple of quick points.
- Xbox Content and Services revenue this quarter was higher than total Xbox Gaming revenue in the same quarter last year.
- Xbox Hardware almost doubled and now accounts for ~31% of Xbox's total Gaming revenue.
Content and Services growth 🚀
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One thing that can be inferred from the figures, which isn't really surprising, is that Xbox didn't ship as many Series X|S consoles as they did Xbox One's in the same timeframe.
This has been reflected in global sell through data too. Mainly due to production it seems.
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Just asking. Where did you see the $5bn number? I can’t find it in the report. Thanks!
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