Microsoft: Xbox Sales Up Year-on-Year, Hardware Revenue Down, Software Sales Up - NewsWilliam D'Angelo , posted on 22 April 2016 / 6,630 Views
Microsoft has revealed Xbox hardware sales have increased year-over-year for the nine month period ending March 31st, 2016.
Despite an increase in sales hardware revenue decreased due to a "decline in Xbox 360 console volume and lower prices of Xbox One consoles sold."
Overall gaming revenue increased four percent year-over-year. Software revenue jumped 41 percent, while Xbox Live revenues increased 21 percent.
Head of Xbox Phil Spencer announced earlier this week it had stopped producing new Xbox 360 consoles.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. You can contact the author at email@example.com or on Twitter @TrunksWD.