Xbox made $2.25 billion for Microsoft last quarter

Xbox: Microsoft’s video game-related revenue continues to expand because it shifts its focus to services like Game Pass. The company’s Xbox division brought in $2.251 billion within the quarter that finished March thirty one. That’s up eighteen p.c year-over-year compared to $1.906 billion in Q3 2017.

Instead of sharing what number consoles it sells, Microsoft instead focuses on its active Xbox Live users. That’s a metric it claims to worry regarding far more since it’s a service that individuals will access even outside of its hardware platform. In Q3 2018, Xbox Live had fifty nine million monthly active players. That’s up thirteen p.c from fifty two million throughout a similar amount last year. it’s additionally flat quarter-over-quarter compared to the busy season.

“Xbox Live [had] continuing growth across Xbox One, Windows 10, and mobile platforms,” reads Microsoft’s earnings announcement. “Gaming revenue inflated eighteen p.c driven by Xbox code and services revenue growth of twenty four p.c principally from third party title strength.”

That “third-party title strength” is Fortnite. the sport has caused a surge in disbursal on each consoles from players making an attempt to induce cosmetic things for his or her characters within the battle royale shooter. individuals re-upping their Xbox Live Gold memberships to remain active in Fortnite and therefore the $10-per-month Netflix-style Game Pass square measure alternative contributors.

Microsoft did have a first-party unleash late within the quarter. ocean of Thieves, Rare’s on-line cooperative piracy machine, launched March twenty. That was the fastest-selling Rare game since a minimum of 1995, and it had one million players in its initial 2 days on the market.

Finally, Microsoft is investment in gambling, in step with its money numbers. The company’s operational expenses grew five p.c throughout the half-moon, and it points to gambling (along with search and AI engineering) for driving those prices.