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.

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Source: https://www.windowscentral.com/xbox-live-hits-57-million-monthly-active-users-fy18-q4

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