HomeBusinessXbox console sales up,...

Xbox console sales up, but third-party game sales down

Microsoft today released its financial results for the first quarter of its 2015 fiscal year, which show that the Xbox One has helped it move more hardware and make more money year-on-year — but if you dive in, it’s not quite so simple. Revenues for its Computing and Gaming Hardware division, which includes its Xbox consoles and also its Surface tablets, leapt from $1.4 billion to $2.45 billion for the quarter year-on-year, a big gain. Last year, during this period — which ran from July 1 till September 30 — the Xbox One had yet to launch. The division also made gains compared to the prior quarter, when its revenue sat at $1.44 billion. Xbox Platform revenue increased $538 million for the period, the company said, due to a higher volume of sales and a higher price for those consoles. However, third party game sales dropped year-on-year, leading to a decline in revenue from fees. The company sold 2.4 million Xbox consoles (including both the Xbox One and the Xbox 360 — the company doesn’t break down sales) during the quarter; it sold 1.2 million Xbox 360s a year prior. The costs of selling them were higher, too — because of the higher cost of the Xbox One hardware. Xbox One also launched in 28 new markets during the quarter. First-party video game revenue, which Microsoft records under its Devices & Consumer Other segment, increased $79 million year-on-year, which the company primarily attributes to the launch of Forza Horizon 2 for the Xbox One, as well as unspecified Xbox 360 title re-releases. Overall, the company’s revenue jumped from $18.53 billion to $23.2 billion year-on-year for the quarter, as many of its segments made gains.

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

Epic Games Store enables gifting

Newsbrief: After seven years since its launch, the Epic Games Store...

Nexon CEO believes every game company is now using AI

Speaking to Japanese publication GameSpark, Nexon CEO Junghun Lee said that...

Sony unveils Japanese-language-only PS5 at $350

Newsbrief: Sony has announced a Japanese-language-only PlayStation 5 with a suggested...

Square Enix wants to use gen AI to automate QA by 2027

One of Square Enix's goals for the next few years is...

Read Now

Epic Games Store enables gifting

Newsbrief: After seven years since its launch, the Epic Games Store has enabled gifting between users.As announced yesterday, players can now purchase and send games directly to friends via Epic. The act is simple: pick a game, select "Buy as a Gift," select the recipient, choose whether...

Nexon CEO believes every game company is now using AI

Speaking to Japanese publication GameSpark, Nexon CEO Junghun Lee said that he thinks "it's important to assume that every game company is now using AI."This was in the context of being asked about the impact of generative AI technology in regards to Nexon's future projects—a tech which...

Sony unveils Japanese-language-only PS5 at $350

Newsbrief: Sony has announced a Japanese-language-only PlayStation 5 with a suggested retail price of 55,000 yen, which equals to roughly $350.Announced during the State of Play Japan held on November 11, the company called the announcement "something very special for the Japanese market." The model, which is...

Square Enix wants to use gen AI to automate QA by 2027

One of Square Enix's goals for the next few years is to use generative AI to "automate 70 percent of QA and debugging tasks in game development," which the company aims to do by the end of 2027.The goal, spotted by VGC, was detailed in the company's...

Becoming One with Nature Takes Time and a Lot of Yoga says Pauline Jacobs

The increase in overall pollution that the planet has seen during the past few years has impacted the planet in such a way that it caused a ripple effect to happen in various domains. This is exactly why right now is the moment in which all of...

Contributing to a Brighter Future by Volunterring For Environmental Societies

The increase in overall pollution that the planet has seen during the past few years has impacted the planet in such a way that it caused a ripple effect to happen in various domains. This is exactly why right now is the moment in which all of...

Letting Loose and Having Fun in the Rural Villages Along the Seine in France

The increase in overall pollution that the planet has seen during the past few years has impacted the planet in such a way that it caused a ripple effect to happen in various domains. This is exactly why right now is the moment in which all of...

Exploring the Coral Reefs to Understand How Pollution Has Impacted Aquatic Life

The increase in overall pollution that the planet has seen during the past few years has impacted the planet in such a way that it caused a ripple effect to happen in various domains. This is exactly why right now is the moment in which all of...

Cultivating an Entire Garden Over the Course of a Year and Growing it to Maturity

The increase in overall pollution that the planet has seen during the past few years has impacted the planet in such a way that it caused a ripple effect to happen in various domains. This is exactly why right now is the moment in which all of...

Hitchhiking from one Side of the Country to the Other while on a Tight Schedule

The increase in overall pollution that the planet has seen during the past few years has impacted the planet in such a way that it caused a ripple effect to happen in various domains. This is exactly why right now is the moment in which all of...

What Happens when you Lose Yourself in an Unknown, Foreign Country? Advice and Tips

The increase in overall pollution that the planet has seen during the past few years has impacted the planet in such a way that it caused a ripple effect to happen in various domains. This is exactly why right now is the moment in which all of...

Take a Deep Dive into the Alternate Lifestyle of Paris, France, with Kelly Laurence

The increase in overall pollution that the planet has seen during the past few years has impacted the planet in such a way that it caused a ripple effect to happen in various domains. This is exactly why right now is the moment in which all of...