Microsoft's gaming division has strong sales, hardware-related revenue has tripled

In its financial results for the third quarter of 2021 (January-March), Microsoft announced that the revenue of the game division including Xbox has increased significantly. In particular, it revealed that hardware revenue for the Xbox division increased to 232% year-on-year.

FY21 Q1 --Press Releases --Investor Relations --Microsoft
https://www.microsoft.com/en-us/Investor/earnings/FY-2021-Q1/press-release-webcast

Xbox Series X / S demand drives 232% growth for Microsoft gaming hardware | VentureBeat
https://venturebeat.com/2021/04/27/xbox-sales-growth-q32021/

Despite Xbox shortages, Microsoft reports $ 3.6B in Q3 gaming revenue, 232% growth in hardware sales --GeekWire
https://www.geekwire.com/2021/despite-xbox-shortages-microsoft-reports-3-6b-q3-gaming-revenue-232-growth-hardware-sales/

The Xbox Series X / S , a home video game hardware released by Microsoft in November 2020, has not been able to keep up with demand due to the shortage of semiconductors, and has been sold out worldwide. As a result, overall Xbox revenue increased 50% year-on-year to $ 3.6 billion, and game hardware revenue increased 232% year-on-year, Microsoft reports.

Rival PlayStation 5 has been shown to be selling at the fastest selling pace in history in the United States. Microsoft hasn't disclosed the exact number of units sold for the Xbox Series X / S, but it's likely that the Xbox Series X / S, like the PlayStation 5, is growing fairly well.

'Xbox content and service revenue increased by 34% due to the power of third-party titles, Xbox Game Pass subscriptions, and in-house titles,' Microsoft said. Xbox Game Pass is a subscription-type game distribution service that can be used not only on Xbox Series X / S but also on PCs, and is gaining popularity due to the plan content that you can play games as much as you want if you pay a fixed monthly fee.

Microsoft's strength in game software isn't limited to subscription plans, it has Minecraft, which has overtaken Tetris to become the 'best-selling game in the world ,' as well as the ' Fallout ' series and ' The Elder.' We are also focusing on enhancing the game titles we offer, such as the acquisition of Bethesda Softworks, known for its Scroll series, and its parent company, ZeniMax Media.

EU approves Microsoft to buy Bethesda for 800 billion yen-GIGAZINE

by Natty Dread

Microsoft CFO Amy Hood said, 'The gaming sector continues to have record engagement and strong monetization across the platform,' stressing that the gaming sector is doing very well. ..