Microsoft finally revealed the financial results for the first quarter of fiscal year 2018. The quarter ended on September 30 and the company offered information on the reported revenues for its various gambling companies.
First he noticed that the Most Personal Computing Sector (to which Xbox belongs) experienced revenues of $ 9.4 billion, an increase of $ 9.3 billion with respect to the same period of the previous year. Xbox software and services revenue grew 21 percent, with revenue per game of up to 1 percent from $1,885 billion to $1,896 billion year-on-year. Although hardware revenues were lower, digital distribution and strong performance of their titles helped offset that.
The number of users of Xbox Live has increased from 47 million in the first quarter of 2017 to 53 million users this quarter and covers users of Windows 10, Xbox One and mobile devices. Overall, Microsoft had $ 24.5 billion in revenue, an increase of 12 percent year-over-year, and a net income of $ 6.6 billion, compared to $ 4.7 billion year-over-year.
With the release of Xbox One X around the world on November 7, it should be interesting to see the effect on Microsoft’s finances.