Xbox Reveals Earnings Post-Starfield, and It's (Mostly) Good News
Microsoft has just shared its first quarter results for the 2024 fiscal year , and it's mostly good news for Xbox. Following the long-anticipated release of Starfield , Xbox has broadly seen an increase in overall gaming revenue despite a decline in hardware. In its press release, Microsoft confirmed that Xbox content and services, which include the gaming subscription service Xbox Game Pass, saw a revenue increase of 13% over the last quarter. This follows the release of Starfield, touted as one of the most important releases in Xbox's history, which managed to hit hit 10 million players in just three weeks to become the biggest launch in Bethesda Game Studios' history. Xbox also bolstered its revenue by raising the price on Game Pass . Xbox posts its first earnings since the Activision Blizzard merger It was not all good news for Xbox, as hardware revenue declined by 7%. It was part of an overall decline that saw revenue from Microsoft hardware devices such as Su...