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When it comes to selling consoles, Sony has been ahead of its biggest competitor, Microsoft, for a long time. However, it seems so The situation changes and the American giant reduces its Xbox loss to the Japanese rival.
Xbox Series X | S is attached to the PlayStation 5
Like Give The Motley Fool explains, according to a financial report published by Microsoft, that Xbox Series X / S catches up with the very popular PlayStation 5. In the last two fiscal quarters (including the one that just ended), Microsoft gained significant market share and took the lead in April. The company’s latest console has thus become a leader in the United States, Canada, Great Britain and Western Europe.
VGChartz (website that collects data on video game sales) Reports turn it In the month of March alone, half a million new generations of Xbox were sold. The NPD Group (which, among other things, tracks game sales data in the US market) reports this Sales revenue is higher than that of PlayStation 5. It’s a huge hit for Microsoft, because it was the best result in 8 years.
Xbox is getting better
According to VGChartz since the launch of the device By April 16 this year, nearly 19 million PlayStation 5 units had been sold. During this time, Xbox consoles have sold 14.2 million copies. For comparison, the PS5 sold nearly twice as much as the Xbox sold throughout the previous year. There are many indications that Microsoft gear has become more popular this year.
Microsoft has grown significantly in recent years when it comes to video games. This process was accelerated by the premiere of the latest generation of consoles – the data indicates an increase in revenue by 33%. In fiscal year 2021 (which ended on June 30, 2021), Microsoft leveraged $15.4 billion in gaming revenue. For comparison, the previous fiscal year it was $11.6 billion.
This year, revenue from the sale of consoles alone increased 16%.. In addition, one must add Increase in revenue from Microsoft content and services – 6% more registered here. This is due to the sale of more Xbox Game Pass subscriptions and games created by in-house studios. Thus, in the first quarter of this year, profits exceeded $3 billion – the first time this has happened in this period.
Since the middle of last year, Microsoft has generated $12.8 billion in revenue from games alone. So the company is on its way to making a strong showing. It remains to wait for her more moves.
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