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Revenue from the gaming sector is above expectations in the first quarter of fiscal year 2022 – Nerd4.life

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Revenue from the gaming sector is above expectations in the first quarter of fiscal year 2022 - Nerd4.life

Microsoft It issued its report for the first quarter of fiscal year 2022, which ended on September 30, 2021, in which gaming sector, which includes the entire Xbox ecosystem, record file 16% growth, performs better than the company expects. Redmond House was expecting double-digit growth, but not that high.

That translates to about $3.6 billion in Xbox sales, the company’s best first-quarter result ever. Xbox content and services only increased by 2% during this period. This data refers in particular toXbox Game Pass The titles of the first party. The growth was driven by hardware sales, which increased by 166%.

According to a chart published by Work Casual’s Dom, based on Xbox sales from Q1 and other known data, the Xbox division’s current annual revenue is approximately $15.87 billion. This is the best twelve months ever for Xbox.

Microsoft had overall revenue of $45.3 billion in the first quarter of 2022, up 22% over the previous year. This resulted in operating profit growth of 27%, or $20.2 billion.

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