Xbox software sales up 11%, console revenue declines 29%

4.4
Microsoft announced its fourth quarter and year end results for 2017, and while hardware revenue declined, revenue from Xbox software increased.


During the fourth quarter for the fiscal year ending June 30, 2017, gaming revenue increased 3% to $44 million thanks to strength in Xbox software and services, which helped offset the 29% decrease in Xbox hardware revenue.

Xbox software and services revenue increased 11%, primarily due to a higher volume of Xbox Live transactions. The Xbox hardware revenue decline was due to lower prices and a decline in volume of consoles sold.

Xbox Live monthly active users (MaU) continued to grow, with Q4 seeing a 8% increase in users yoy, bringing the total to 53 million across Xbox One, Windows 10 and mobile. During Q4 and year-end 2016, Xbox Live users totaled 49 million.

Xbox One consoles and software are housed under More Personal Computing, and revenue for the sector was $8.8 billion for Q4 FY17, which is a 2% year-over-year (yoy) decline. However, this was attributed to lower phone revenue, which is also included in the sector.

Posted:
Related Forum: Xbox Forum

Source: https://www.vg247.com/2017/07/20/xbox-software-sales-up-11-console-revenue-declines-29-due-to-lower-prices-fewer-units-sold/

Related Articles

Comments

"Xbox software sales up 11%, console revenue declines 29%" :: Login/Create an Account :: 10 comments

If you would like to post a comment please signin to your account or register for an account.

SilkyPosted:

The numbers will be very high during the periods of the xbox one x release.

SupervisorPosted:

Its gonna go through the roof when the Xbox one X is released!

EchoPosted:

Mikey Cant wait to see the numbers when the Xbox One X is released, numbers will be through the roof. I already have a few friends saying how they going to abandon the PS4 to go over to the Xbox One X lol Don't really blame them to be honest, the specs on the console is absaloutly crazy, and looks so much more sexier than the PS4 anyways.


Me too, the number's are just going to jump, I have a feeling sale's will drop for Xbox until then

TOXICPosted:

Cant wait to see the numbers when the Xbox One X is released, numbers will be through the roof. I already have a few friends saying how they going to abandon the PS4 to go over to the Xbox One X lol Don't really blame them to be honest, the specs on the console is absaloutly crazy, and looks so much more sexier than the PS4 anyways.

HaloPosted:

It's still behind though. Unfortunately.

9ntyPosted:

You're going to see the decline of gaming game for the old but for the new consoles/games you will see the rate fly high. It will always be like that, it's just way it is really.

GaryPosted:

Console sales are going to decline because anyone who is going to buy the console at this point is gonna go for a One X.

XboxPosted:

I want to see the numbers on the X when it releases.

SakonPosted:

Im sure the decrease is just because of people waiting on the x.

SimpPosted:

Could also be people holding off on consoles so they can save for the new console coming out soon.


Latest Downloads

Latest Tutorials