Microsoft’s full-year gaming revenues practically flat for fiscal 2020

Minecraft, subscriptions, and COVID-19 noticed content material and companies up, however {hardware} was down

Microsoft managed to eke out a slight enhance in its total gaming revenues year-over-year for fiscal 2020 due to sturdy Xbox content material and companies income, and unsurprisingly no actual assist from {hardware} gross sales.

The corporate printed its full-year financials earlier this month, however only in the near past launched its 10Okay kind providing extra element than its preliminary financials initially had for the full-year outcomes of its gaming phase particularly.

The 10Okay revealed that gaming income was up $189 million, or 2%, year-over-year for the total yr ending June 30, 2020.

Xbox content material and companies income was up $943 million, or 11%, largely pushed by progress in Minecraft, third-party video games, and subscriptions, with Microsoft noting that greater engagement on account of COVID-19 lockdowns additionally had a significant impression.

This consists of Xbox Recreation Cross, which reached 10 million…

 
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