And we saw record fourth quarter engagement across Game Pass, with hours played up 22 percent year-over-year."īack in April, Microsoft reported its gaming revenue had fallen four percent and Xbox hardware revenue declined 30 percent in the previous financial quarter. Said CEO Satya Nadella in an earnings call: "We set new fourth quarter highs for monthly active users, driven by strength off-console, as well as monthly active devices. Indeed, the company set a new fourth quarter record for monthly active Game Pass users and engagement. Content and services revenue increased by five percent due to third-party content and Xbox Game Pass. Gaming revenue overall increased by 1% ($36m) driven by growth in Xbox content and services, but this was offset by the decline in console sales. Sales of Microsoft's Xbox consoles have dropped by 13 percent in the last quarter, according to the latest earnings report.
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