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RSS FeedsXbox FY21 Q2 revenue surges 51% with Xbox Series X, Series S launch
(Windows Phone Central)

 
 

26 january 2021 22:33:39

 
Xbox FY21 Q2 revenue surges 51% with Xbox Series X, Series S launch
(Windows Phone Central)
 


What you need to know Microsoft has detailed its FY21 Q2 earnings, reporting $43.1 billion company-wide revenue, with a 51% uptick in gaming revenue. It follows the launch of its latest Xbox Series X and Xbox Series S consoles, which saw hardware revenue climb 86% year-over-year. Xbox software and services also grew 40% annually, attributed to its first-party and third-party games lineup, alongside Xbox Game Pass subscriptions. Microsoft has unveiled its second-quarter earnings for its 2021 fiscal year, once again reporting revenue on the rise to $43.1 billion. That also comes with continued success for its gaming services, with total revenue rising 51% year-over-year and steady growth across its Xbox fundamentals. It attributes this recent gaming success to various factors, including the recent launch of its new Xbox Series X and Xbox Series S consoles. It saw hardware revenue near-double with an 86% surge, as it scrambles to meet demand with its latest generation consoles. The...


 
13 viewsCategory: Technology > Mobile > Windows Phone
 
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