Xbox Shipments Jump 30 Percent In Microsoft's First Quarter Of FY16
Microsoft has announced the results from its first quarter of the 2016 fiscal year, which saw a jump in Xbox shipments and revenue.
Microsoft pulled in 22.2 billion in sales, but were operating at a 2 billion loss. Microsoft could probably recover this next quarter with the Win 10 launch and holidays though.
The report revealed that Microsoft shipped 1.4m consoles (Xbox One and 360) during the quarter, a 30 percent jump. Microsoft's report attributes the lower-priced Xbox One for its success, meaning the more expensive model with the Kinect isn't drawing as much interest.
In its devices unit, a total of $2 billion was brought in, but this isn't exclusive to Xbox since The Surface is a part of this field. On an even better note for Microsoft, Xbox revenue grew 27 percent, which Microsoft attributes to strong growth in consoles, Xbox Live, and first-party games. Xbox Live transactions were up 58 percent and first-party games were up 62 percent, which Microsoft attributes to cross-platform Minecraft offerings.
These are the biggest takeaways from the report, which you can read in full here.
It appears that things are looking up for Microsoft in terms of its gaming division. The increase in console sales is most likely due to more current-gen adoption. The numbers of how many Xbox Ones versus 360's aren't revealed, but that seems like the most possible scenario. I expect these numbers only to improve with the upcoming holidays. Also, as if there was ever any doubt, Minecraft clearly remains a big revenue source for Microsoft.