{"id":1570470,"date":"2022-01-27T12:22:04","date_gmt":"2022-01-27T17:22:04","guid":{"rendered":"https:\/\/wholesgame.com\/?p=113521"},"modified":"2022-01-27T12:22:04","modified_gmt":"2022-01-27T17:22:04","slug":"microsoft-gaming-revenues-is-up-by-8-in-q2","status":"publish","type":"station","link":"https:\/\/platogaming.com\/plato-data\/microsoft-gaming-revenues-is-up-by-8-in-q2\/","title":{"rendered":"Microsoft gaming revenues is up by 8% in Q2"},"content":{"rendered":"
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Microsoft has recently reported<\/a> that their latest consoles, Xbox Series X<\/a> and Xbox Series S<\/a> have earned more money for the company during the last financial quarter of 2021 than during the initial launch of the systems back in the holiday season of 2020. As a result of this, Xbox hardware year-on-year revenues increased by 4%.<\/p>\n Fast forward to today and Microsoft is reporting the results of the latest quarter of fiscal 2021, revealing the company\u2019s growth in the gaming industry.<\/p>\n Microsoft has reported that its total revenues have increased by 20% reaching the value of around $51.7 billion as well as its net income seeing a rise of 21% to $18.8 billion. <\/p>\n Microsoft\u2019s More Personal Computing division, which encompasses the Windows OEM revenues, searches and news advertising, Xbox, and the Surface line of products, reportedly achieved a revenue increase of 15% to $17.5 billion. <\/p>\n The company\u2019s gaming revenues went up by 8% with Xbox services seeing an increase of 10% year-on-year which is an improvement compared to the 2% growth and 4% decline from the last two quarters.<\/p>\n