Xbox Fiscal Q3 Results

[the-pi-guy]

Microsoft said its Xbox Gaming segment revenue was up 6% YoY for the quarter ending March 31.

Hardware sales up 14% YoY, which is a positive sign for console availability.

Software and services up 4% YoY with growth from Game Pass. https://t.co/89WoHezGnS pic.twitter.com/ce2VLz4Ufm

— Daniel Ahmad (@ZhugeEX) April 26, 2022

Some notes:

Total revenue: $3.74 billion (+6% YoY)
Content & Services = 81% of revenue
Hardware = 19% of revenue

- Best non-holiday quarter for Xbox
- Xbox Series X|S supply up from last year
- Content and Services crossed $3bn for the first time in a Q1 period. https://t.co/79y4NydXwM pic.twitter.com/GGHLapp9C1

— Daniel Ahmad (@ZhugeEX) April 26, 2022

[the-pi-guy]

No details yet on the share gains part. Hood said CEO Nadella will discuss it further on a call with analysts later this afternoon.

— Dina Bass (@dinabass) April 26, 2022

[Legend]

Good sign.