Xbox Game Pass Tops 10 Million Subscribers, Xbox Hardware Revenue Drops 20% - SalesWilliam D'Angelo , posted on 07 June 2020 / 2,688 Views
Microsoft CEO Satya Nadella in an earnings call with investors today announced there are over 10 million Xbox Game Pass subscribers.
Nadella said there were "record levels of engagement" as the number of monthly active users on Xbox Live nears 90 million. Microsoft's xCloud streaming service has "hundreds of thousands" of active users in the beta.
Microsoft announced Xbox hardware revenue was down 20 percent for the quarter ending March 31, 2020. The lower revenue was due to the price drops and sales on the Xbox One S and Xbox One X.
Overall, gaming revenue decreased one percent year-over-year, while Xbox content and services revenue was up by $33 million or two percent.
Revenue for the entire company increased 15 percent year-over-year to $35 billion. Microsoft reported the ongoing coronavirus (COVID-19) pandemic had a minimal impact on the company.
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 firstname.lastname@example.org or on Twitter @TrunksWD.