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It is one other file quarter for Microsoft’s gaming section, largely as a result of it’s, unsurprisingly, promoting plenty of costly consoles to individuals.Microsoft has reported its earnings for Q1 of fiscal yr 2022, and buried among the many many non-gaming numbers is a be aware that its gaming income for the quarter was up $501 million — or 16% — from the identical interval final yr. Testing the prior yr’s paperwork and performing some math places final yr’s Q1 at round $3.1 billion, and this yr’s Q1 at $3.6 billion, a quantity that seems to be a brand new file in income for Microsoft’s gaming division.These good points are by and enormous pushed by tons and many Xbox {hardware} gross sales, which have been up 166% from the identical quarter final yr. Take into account that final yr’s Q1, whereas additionally a file quarter, was largely software program and Recreation Move-driven. Microsoft wasn’t promoting plenty of consoles then as a result of the Xbox Sequence S and X weren’t out but, and in expectation of their launch, nobody was shopping for the cheaper Xbox Ones.In the meantime, its Xbox content material and providers income was almost flat, up solely 2% from final quarter due to a stability of extra first-party sport gross sales and Xbox Recreation Move subscriptions (Microsoft sadly didn’t share actual numbers) and fewer third-party sport gross sales. Whereas this sounds unimpressive, final yr’s content material gross sales have been by means of the roof as a consequence of COVID-19 lockdowns, so their upkeep into 2021 because the world has reopened is notable.We did get a little bit of shade final week on Xbox Recreation Move subscriptions in a separate monetary assertion, the place Microsoft shared its subscription had risen over the past fiscal yr by 37.5% — falling in need of a focused 47.8%. That is nonetheless development, simply not as quick as Microsoft might need preferred. The earlier yr, Recreation Move subscriptions rose almost 86% previous its inside objective of 71% — once more, serving to account for that content material and providers income doing so properly final yr. The final concrete quantity Microsoft gave us for Recreation Move subscribers was 18 million in January of this yr.Rebekah Valentine is a information reporter for IGN. You could find her on Twitter @duckvalentine.
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