The Redmond giant summarized the results for the third quarter of the financial year and can boast of excellent results, which were possible thanks to the very good disposition of the cloud sectors, personal computers and the gaming department.
In the third quarter of the current fiscal year, Microsoft generated $ 49.4 billion in revenue, a 19% increase over the same period last year. Operating income was $ 20.4 billion (+ 19%), exceeding analysts’ expectations by as much as 11%.
A great period was recorded by Microsoft Cloud – the cloud generated 23.4 billion dollars, which is a result better by as much as 32% year on year.
The gaming department generated $ 3.74 billion in revenue – the result is 6% higher than in the same period last year. It can be safely said that players literally threw themselves at the Xbox Series X | S, which resulted in a 14% increase in sales. Xbox services improved their result by 4%.
Representatives of the corporation do not hide that the department achieved success, among others, thanks to the Xbox Game Pass and the premieres of strong productions – at the end of last year, Xbox Game Studios provided Halo Infinite and Forza Horizon 5, which encouraged a much larger group of recipients to reach for subscriptions on consoles and computers.
The Americans still do not share the official sales results of the Xbox Series X | S, but in recent days Aaron Greenberg has suggested that 13.87 million units of new devices have already been purchased.
During a teleconference with investors, Satya Nadella, Microsoft’s CEO, confirmed that the Xbox Series X | S recorded a great first quarter of 2022 and is currently the fastest-selling current generation equipment – consoles are to sell better than PS5:
“With our Xbox Series X and S consoles, we have taken share globally for two quarters in a row, And we are the market leader this quarter among the next-gen consoles in the United States, Canada, the UK and western Europe.”
It is worth recalling that, according to recent rumors, the Redmond corporation has guaranteed itself “chip priority” to produce a much larger number of XSX | S last year. This strategy could affect the performance of the entire gaming division.