Microsoft’s CEO Satya Nadella has revealed that Xbox Game Pass has now over 18 million subscribers. In addition, Nadella claimed that Microsoft’s gaming revenue hit $5 billion, which is the highest-ever for a quarter.
Furthermore, Nadella stated – during Microsoft’s quarterly financial conference call – that the revenue from third-party game sales was $2 billion in that quarter.
To put things into perspective, gaming revenue increased by 51% in this quarter. Additionally, Xbox content and services revenue went up 40% in this quarter.
Xbox Game Pass launched in June 2017. In April 2020, the service had 10 million subscribers. Then, in September 2020, Microsoft was able to hit its 15 million goal. And now, four months later, the service has hit its 18 million milestone.
Nadella concluded that Microsoft is pleased with the overall growth in its consumer subscriptions, with Game Pass.
Lastly, Microsoft expects revenue to grow by 20% from its Xbox content and services.
John is the founder and Editor in Chief at DSOGaming. He is a PC gaming fan and highly supports the modding and indie communities. Before creating DSOGaming, John worked on numerous gaming websites. While he is a die-hard PC gamer, his gaming roots can be found on consoles. John loved – and still does – the 16-bit consoles, and considers SNES to be one of the best consoles. Still, the PC platform won him over consoles. That was mainly due to 3DFX and its iconic dedicated 3D accelerator graphics card, Voodoo 2. John has also written a higher degree thesis on the “The Evolution of PC graphics cards.”
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Well, you know how the saying goes. Common sense is not so common.
Most of humanity is just cattle, to be prodded and harvested like the brainless livestock they are.
Not surprised, it’s a competitive value.
so many dumb ppl .
What? You don’t like not owning anything?
Yikes!
I don’t know why people hate so much on GamePass. What’s the problem in renting a game ? It’s a great subscription value.
Cause you can play the game for a limited period of time and then M$ pulls it down, even big titles like Tomb Raider. And you have to pay monthly.
Because you don’t own a single one and companies are pushing to make this the standard just like Microsoft made DLC, paid maps and paid online the standard.
Digital copies of videogames are already a grey area in ownership and this and streaming are the next step.
I thought FOSS was all about owning the software you use and trying to create a new standard outside Microsofts push and standardization for proprietary software back in the 80s, weren’t you guys supposed to be more aware of this stuff?
You can legit still buy blu-rays? Netflix didn’t stop movies/tv shows from hitting blu-ray for the most part.
Because of DRM. I don’t want to lose access to something I like.
got gold ultimate for 3 month with just 1S few days ago. its a great deal