Xbox Game Pass engagement up 22% year-over-year, reveals Microsoft CEO

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Microsoft's latest financial results reveal another decent quarter for Xbox Game Pass...

for Microsoft's fiscal year 2023 Q4 have shown that the company has enjoyed its best fiscal quarter to date, with overall revenue reaching $56.2 billion, an 8% increase. As for its gaming revenue, Microsoft looks to have held steady but has seen another large jump in Xbox Game Pass usage.

Overall gaming revenue saw an increase of $36 million, 1% year-on-year. Hardware revenue declined by 13% during the quarter but was balanced by a 5% increase in Xbox content and services, which has been attributed to the growth of Xbox Game Pass and third-party content.

 

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