Source: Matt Brown | Windows Central
Microsoft shared its FY22 Q2 earnings report on Tuesday, giving details on growth for the Xbox brand. Overall, gaming revenue was up 8% year-over-year, while content and services revenue was up 10% and hardware was up 4%. This growth was driven by Xbox first-party titles, Xbox Game Pass and demand for Xbox Series X and Xbox Series S consoles, though partially offset by a decline in third-party revenue.
All of this growth is directly compared to Microsoft’s FY21 Q2 earnings a year ago. This is in line with continued growth seen in the prior quarter ahead of the holiday 2021 season, per Microsoft’s FY22 Q1 earnings.
Microsoft is acquiring Activision Blizzard for $68.7 billion, adding teams like Infinity Ward and Blizzard Entertainment to the Xbox first-party group, while also acquiring major gaming IP such as Call of Duty and World of Warcraft.
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