However, Xbox Content & Services is expected to see a similar drop to the overall Xbox gaming revenue. Microsoft does expect the number of Xbox Game Pass subscribers to continue to grow. Nearly half of the Series S buyers are new to our ecosystem."įor the second quarter of the 2023 fiscal year, set to end December 31, 2022, Microsoft expects Xbox gaming revenue to decline in the low-to-mid teens compared to last year, which saw a stronger first-party lineup with the release of Halo Infinite and Forza Horizon 5. "As we look towards the holidays, we offer the best value in gaming with Game Pass and Xbox Series S. More than 20 million people have used the service to stream games to date. He continued, "With cloud gaming we're transforming how games are distributed, played, and viewed. "PC Game Pass subscriptions increased 159% year-over-year." "We saw usage growth across all platforms driven by the strength off console," said Nadella. Gaming has also seen usage growth on all platforms. Nadella added over 20 million people have used Xbox Cloud Gaming and nearly half of all of Xbox Series S buyers are new to the Xbox ecosystem. Microsoft CEO Satya Nadella in today's earnings call with investors for the first quarter of the 2023 fiscal year, which ended up September 30, 2022, announced the number of PC Game Pass subscribers has grown by 159 percent year-over-year.
By William D'Angelo, posted on 25 October 2022 / 4,033 Views
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