Xbox Live hits 57 million monthly active users in FY18 Q4

Today, Microsoft revealed its earnings report for the latest fiscal quarter (FY18 Q4). The company posted revenue of $thirty.1 billion and net income of $8.9 billion. That's upwardly from the aforementioned menses a year ago, during which Microsoft brought in $25.half dozen billion in revenue and $8.1 billion in net income. While the bulk of people are analyzing the growth of the Cloud or Surface businesses, a lot of gamers want to know how the Gaming segmentation is doing. Well, the short answer to that is that it's great news beyond the board.

Gaming revenue went upward by 39 percent to $2.29 billion, including a 36 percent jump for Xbox software and services. This pushed the yearly gaming acquirement over $10 billion. According to Microsoft, gaming revenue went upwardly primarily from strong third-party sales. At the same time, Xbox Live montly active users grew 8 percent to 57 meg compared to the previous twelvemonth's quarter. Active users refers to individuals who used the service within the last calendar month.

We withal don't know how many Xbox One consoles Microsoft has sold, but the fact that 57 million gamers utilized Xbox Live last quarter demonstrates healthy figures and meaning engagement. Hopefully this trend will continue in the coming months.

At E3 2022, Microsoft doubled its studio portfolio by acquiring developers like Ninja Theory and Playground Games. Hopefully these teams tin create earth-class exclusives for the Xbox ecosystem in the coming years.

Encounter at Amazon
See at Microsoft Store

Continue an eye on WindowsCentral.com/Gaming for all the latest in Xbox and Windows 10 gaming, accessories, news, and reviews!

We may earn a commission for purchases using our links. Learn more than.

One of the greats

Xbox legend Shannon Loftis retires from Microsoft after 29 years

Shannon Loftis announced her retirement from Microsoft today, after 29 years with the visitor. Loftis has been with Xbox for decades, having built franchises like Fable, Banjo Kazooie, and many more, and recently revived Age of Empires from its long sleep.

Dying Light 2 co-op: How to play with online with friends

You don't have to survive the apocalypse alone

Dying Calorie-free 2 co-op: How to play with online with friends

Dying Lite 2 is an excellent game, but it'southward even more fun when you play it in co-op with your friends. Here's a guide on how you and your friends tin can play together, as well as what you need to know about how online play functions.