Microsoft announced that its revenue Xbox were down 13% in its most recent fiscal quarter, but Game Pass was riding high. The decrease in the quarter ended December 31, 2022 is due to fewer sales of both first and third party content. There is also a 12% decrease in revenue from Xbox content and services and also a 13% decrease in Xbox hardware. According to the company, the above was more or less expected, due to the very high performances in the corresponding quarter of the previous year, where there were the launches of Halo Infinite, Forza Horizon 5 and Age of Empires, in contrast to the current one where the only title first party was Obsidian Entertainment’s Pentiment.
However, Xbox Game Pass subscriptions, hours of game streaming and the monthly number of active devices moved to new highs. According to the company’s lead communications manager, Frank X. Shaw, Game Pass now has 120 million active users, but Microsoft has not yet released figures on the number of subscriptions, which are said to have reached 25 million last January.
