User Signup

Microsoft’s Q3 2015 Xbox Revenue Falls


Gaming giant Microsoft’s recently released its financial report of the Q3 period of the 2015 fiscal year have shown that the Xbox sector has seen a significant fall in revenue.

The revenue gained from Xbox sales has fallen by 24% in the first three months of 2015, compared to the same period in 2014. This comes with the announcement that Xbox sales have seen a drop in numbers, as Microsoft have seen 1.6 million consoles sold in the three month period ending March 31. This is a fall of 400,000 consoles compared to the previous year.

However, they don’t make a distinction between Xbox 360 and Xbox One, so it can be assumed that a substantial proportion of the declining sales are due to less people buying the old generation console.

Microsoft also report that Xbox Live usage has increased by more than 30%, citing “increased users and deeper user engagement” as the cause.

Throughout the whole company, Microsoft’s quarterly revenue grew from $20.4 billion in 2014 to $21.7 billion in 2015. Office 365 subscribers have increased by 35%, while Phone Hardware revenue totalled $1.4 billion.

Q3 2015 has been a mixed success for Microsoft. Xbox One price drops and wholesale sales flagging in comparison to the PS4 have slightly marred the accomplishments in other divisions of the business.

Related Topics:

Comments are closed.