Xbox: Microsoft’s gaming division sets record revenue in 2021

On Tuesday (25th), Microsoft released the financial report for the calendar year 2021. One of the statements that caught our attention was that, taking into account X-Box It generated $16.2 billion in revenue, the best result ever recorded.

The value exceeded 17.7% the result of 2020, which until then had been the best year for revenue in the esports division. The “Content and Services” segment, a highly strategic segment of the company, increased by 8.8% compared to 2020.

Question that includes Xbox Game Pass, for example, represented 77% of all revenue generated by the Xbox division last year. The Microsoft subsidiary had revenue of $12.6 billion from services.

With regard to this sector as well, an increase in Game Pass subscriptions and sales of first-party games has been reported. On the other hand, there has been a decrease in the sale of third-party games.

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Despite the importance of the Xbox subscription service, the score with Microsoft’s gaming division was record due to the surge in hardware sales. Since 2021 was the first full year for existing consoles, there was a 63% increase in hardware revenue compared to 2020. Revenue from the sale of video games and other accessories for the brand was $3.7 billion.

The report notes that the observed increase is mainly due to a very significant increase in the demand for Xbox Xbox X e S series.. To deal with players’ demand, there has also been an acceleration of product production, all to please the masses.