Last year, Microsoft CEO Satya Nadella announced in its year-round earnings announcement that the Xbox Series X and S were the best-selling consoles in Xbox history. A year later, almost two years after the console life cycle, he asserted that this remained true.
This sounds a bit obvious, but what Nadella actually says here is that sales of the latest Xbox consoles haven’t slowed significantly since their launch, at least compared to past Xbox consoles. ..
His exact word was that Microsoft “sold more consoles than any generation of Xboxes so far.” As a result, almost two years later, none of the other Xboxes sold as many units as the current generation.
This is a lot of Xboxes, especially given the many challenges presented by the ongoing chip shortage when first putting things on the shelves.
Nadella also mentioned some other numbers. He reminded us that the Xbox console was the leader in the next-generation console market for the third consecutive quarter (basically, they have outselled the PS5 in the last three quarters). Also, apart from the hardware, Xbox’s xCloud seems to be working fine. To date, more than 4 million people have streamed Fortnite on xCloud, including over 1 million people who are completely new to the xCloud ecosystem.
Good news for Xbox, it was announced that quarterly game revenue was down 7% year-on-year, content and service revenue was down 6%, and hardware revenue was down 11%. None of them sound shimmering, but they’re not shocking. In the last quarter, the company was still hit by a massive surge in hardware sales, and it’s normal for hardware sales to decline moderately over time.
When it comes to content revenue, the Xbox will probably have to wait for some big releases after October to further increase these numbers, without a bunch of blockbuster releases.
Xbox predicts that in the current quarter (July-September), low to medium single digits will decline year-over-year due to a decline in first-party content, but console revenue and Game Pass subscriptions The rise is rising.
Rebekah Valentine is a news reporter for IGN. You can find her on her twitter @duckvalentine..
