Xbox FY22 Q2 gaming revenue up 8% thanks to first-party games, Xbox Game Pass
Microsoft shared its FY22 Q2 earnings study on Tuesday, giving details on growth for the Xbox brand. Overall, gaming revenue was upward 8% year-over-year, while content and services revenue was up 10% and hardware was up 4%. This growth was driven past Xbox start-party titles, Xbox Game Pass and demand for Xbox Serial X and Xbox Serial S consoles, though partially first past a decline in third-party revenue.
This decline in third-party revenue can exist partly attributed to the underperformance of major third-political party titles, such as Activision's Call of Duty: Vanguard and EA's Battlefield 2042. The success of Xbox first-party games can be noted in Halo Infinite and Forza Horizon 5, which charted at #2 and #16 on the Dec 2022 NPD report, respectively.
Microsoft recently shared that Xbox Game Laissez passer has reached over 25 million subscribers. All of this growth is direct compared to Microsoft'south FY21 Q2 earnings a yr ago. This is in line with continued growth seen in the prior quarter ahead of the vacation 2022 flavour, per Microsoft'due south FY22 Q1 earnings.
Looking ahead, Microsoft continues to invest heavily in new content for Xbox, including expanding its first-party lineup. Microsoft is acquiring Activision Blizzard for $68.seven billion, calculation teams like Infinity Ward and Blizzard Entertainment to the Xbox get-go-political party group, while likewise acquiring major gaming IP such as Call of Duty and Earth of Warcraft. This is in addition to Microsoft's prior acquisition of ZeniMax Media, parent company of Bethesda Softworks, for $seven.five billion.
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Source: https://www.windowscentral.com/microsoft-xbox-fy22-q2
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