Microsoft has announced the financial results of its Xbox business segment for the period ending March 31, 2020. There are a few interesting numbers to report:
- The number of Xbox Game Pass subscribers exceeded 10 million people.
- In the last quarter, Microsoft reached “record levels of engagement” — nearly 90 million active Xbox Live users per month.
- “Hundreds of thousands” of gamers actively use Project xCloud, a cloud-based gaming platform currently in beta.
Xbox stays on the same level financially as the previous fiscal year: revenues from gaming fell by 1%, while revenues from “Xbox content and services” increased by 2%.
Microsoft notes a slight increase in revenue that is associated with the COVID-19 pandemic, since people are staying home and playing games. But the growth has not been very noticeable, because of “a high prior year comparable primarily from a third-party title.” Microsoft has not revealed which title they are referring to, but there is speculation it could be Red Dead Redemption 2 or Fortnite.