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Microsoft is down, but Xbox has record numbers

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Over the past few hours Microsoft disclosed information aboutLast quarter fiscal year ending June 30, which marked a slowdown in several key drivers of its business, including Xboxwho, however, scored record numbers compared to the past.

The Redmond giant’s revenue was $51.9 billion (+12% yoy), net profit was $16.7 billion (a total of +2% yoy). First of all, there has been a significant slowdown near PCthanks to the delicate geopolitical situation of these years of great uncertainty – with some stumbling blocks for Windows and what Microsoft defines as “Deterioration of the PC market” (The outside edge) suffer from closures and difficulties in production chains.

Xbox Series S and Xbox Series X will arrive at the end of 2020.

It’s much better for gaming divisiondespite the decline in numbers. As noted from VGK, in this case we are talking about a decrease of 7% compared to the same period last year. The Xbox hardware section was -11%, the service revenue section was -6% due to “Fewer hours of interaction and less monetization of own and third-party content.”due to the increase in the number popularity of Xbox Game Pass.

However, the -11% figure in terms of hardware is due to the fact that the previous figures refers to a generation that has just begun and hence it was the peak of sales, despite the stock issues we all know about. As Kendra Goodenough, director of investor relations, explained, edge:

“The decline you see in terms of Xbox hardware is partly a reflection of the fact that we had this launch about two years ago. Considering stock market problems, [il periodo di lancio] it has practically spread.

we still see high demandbut a drop from the peaks we’ve seen over the past couple of years, which has been console launches.”

The CEO also commented on the data Satya Nadellain which important figures from the Microsoft console sector were highlighted, noting how sales higher than any previous generation of Xbox. Series X and Series S idea (can be found on Amazonat least she), in short, is decidedly rewarded by the public.

As stated by Nadella and reported VGK:

“We have sold more consoles than any previous generation, and we have been the market leader in North America for three consecutive quarters of next-gen consoles.

Through Xbox Cloud Gaming, we’re bringing games to new platforms – now you can stream on samsung smart tv.

We also have partnerships with Epic Games to make Fortnite available for free through the browser. To date, more than four million people have streamed the game, including one million newcomers to our ecosystem.”

The positive analysis of Nadella is actually reflected in the numbers: according to a well-known independent analyst like DomsPlayingI $3.45 billion sales recorded by Xbox are second best quarter ever.

Undoubtedly, the trend in North America that Nadella refers to can’t be read under a normal lens just yet, because both the Xbox Series X and PlayStation 5 continue to lurk in the market – to gauge how their performance would have been in their pre-existing state. .-COVID.

However, the public reaction to the Xbox proposals is certainly strong as well. redmond giant strategywhich, with Xbox Game Pass Ultimate and its cloud, wants games and its ecosystem to be available literally everywhere, instead of pushing you to buy a console to get you into its ecosystem, is paying off.