Gaming News

Xbox Reports Most Successful Year Yet Based On Revenue

Microsoft has reported that Xbox grossed $16.28 in 2021, making it the brand’s most profitable year since it was created in 2001.

Revenue from content services rose by 8.8%, reaching a total of $12.6 billion, thanks to the increased interest in Game Pass, Xbox’s subscription service which now has 25 million subscribers. Hardware sales rose by a whopping 63.3% for a total of $3.7 billion due to the increased demand of the Xbox Series X and S consoles.

Microsoft’s first party title sales also increased this year due to the successful launches of Halo Infinite and Forza Horizon 5. Third party game sales did decrease this year, which could be due to the amount of content on Microsoft’s subscription services as well as the popularity of the PlayStation 5 console.

Microsoft’s gaming division is expected to get a lot bigger as they recently announced that they would be acquiring Activision Blizzard for $69 billion. If the deal goes through, it will make Microsoft the third highest grossing gaming company worldwide.

In addition to the value added by Activision, Microsoft’s purchase of Bethesda is expected to increase the value of Game Pass by a significant amount, with games such as Starfield being exclusive to Xbox and PC.

Like
Like Love Haha Wow Sad Angry
Dylan Valic

Recent Posts

Obsidian Director Brandon Adler Fires Back At ‘Cold Take Artists’ Questioning Studio & ‘Outer Worlds’ After Xbox Layoffs

Obsidian Entertainment game director Brandon Adler pushed back hard against online criticism of the studio…

13 hours ago

‘Pokémon Legends: Z-A’ Ranked Battles Are Getting A Major Shakeup On July 15

Pokémon Legends: Z-A is set to receive its most dramatic competitive overhaul yet when Season…

2 days ago

Ubisoft Defends $85 In Day-One DLC As ‘Assassin’s Creed: Black Flag Resynced’ Draws Steam Backlash

Assassin's Creed Black Flag Resynced has drawn strong reviews from critics and sold well since…

3 days ago

Nintendo Had 859MB Of Data Stolen In Security Breach

On June 13, a claim was made that TINYpulse systems had been targeted in a…

1 week ago

‘Spider-Man: Brand New Day’ Utilizes Creative Marketing Strategy

With Tom Holland's Spider-Man returning to theaters this summer after a hiatus of almost five…

2 weeks ago

The New ‘God Of War’ Game, ‘Laufey,’ Is Available Now For Wishlisting

The beginning of this month saw the announcement of the newest mainline entry in the…

2 weeks ago