EdGalTBR
Member
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Microsoft Office, Windows, and cloud boosts Q1 2022 earnings
Businesses are flocking to Microsoft’s cloud services.
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Xbox FYQ1 (July~September) Results: Gaming division grew 16%
- Thread starter EdGalTBR
- Start date
Topher
Gold Member
Pls some mod fix the title: it's "grew", not "free".
Microsoft Office, Windows, and cloud boosts Q1 2022 earnings
Businesses are flocking to Microsoft’s cloud services.www.theverge.com
Estimated numbers are interesting. Series S outselling Series X by quite a bit. But these are estimates and not sure who this John Welfare guy is although he is "followed" by Mat Piscatella of NPD.
16% growth in gaming is good news
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Hard to tell yet until we see more numbers from others in the industry but it did beat expectations so you could say good news on that front.
Content was flat but hard to analyse that based on a possible covid bump last year
Thirty7ven
Sony make cringe trainers.
2% in content and services says it all, 8.3 million consoles is also not exactly a party.
EdGalTBR
Member
Growing more than Playstation and Nintendo.
Kacho
Gold Member
Definitely. Things will pick up next year.
kyliethicc
Member
How did gaming revenue grow by 16% but Xbox revenue only grow by 2%?
MS didn't really have any big hitters between July and September but I think we need to see the wider industry to see if content rev slowed
Wait for 2 days to see Sony's numbers and 2 weeks for Nintendo's.
Hardware sales grew by 166%, this comparison is July-Sept 2020 aka pre series consoles. Sony will show something similar.
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thicc_girls_are_teh_best
Gold Member
Banjo64
cumsessed
I’m so shocked that that’s your take.
Did you also read a note? Only 2% because of decline in 3rd party revenue. First party and GamePass was up
Consoles are selling fine. Faster then any Xbox generation prior. And all of that without huge first party game.
Hardware sales
DarkMage619
$MSFT
This certainly goes against the narrative that the XSS is a failure and no one is buying it. It's always better for gamers to have more options when it comes to gaming hardware. Nvidia makes more than just the RTX 3090 and no one complains.
It's good to see the success all around. More people gaming is a good thing.Series S with that big dick energy.
M1chl
Currently Gif and Meme Champion
After the worst covid lockdowns? Honestly could have been way worse....
Constant Currency, as noted in the tiny text. Idk what that really means though.when it says "up 14% CC", what does CC stand for?
You do know that Sony's content went down 20% YoY last quarter and network was up 9%? And in total it was a 1% growth including a 117% growth in hardware.
Aka chill the fuck out and wait for further context
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Topher
Gold Member
Ah.....I see it now. Thanks.
Banjo64
cumsessed
kyliethicc
Member
So is Xbox hardware revenue not part of the Xbox revenue that grew 2%?
I think we had the same thing last quarter when the xbox content revenue was down but we didn't know that Sony's and Nintendo was down even further.Prepare for a Gold medal post in mental gymnastics.
Content and services revenue grew 2%. Aka software/subs. Hardware up 166%. Total combined makes for 16%
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Topher
Gold Member
The 2% growth is just content and services.
Thirty7ven
Sony make cringe trainers.
Pick your worst black suit and don't forget the flowers, it's dead.
kyliethicc
Member
Gotcha. Thanks.
I can almost guarantee they will share GP numbers in January
Tutomos
Member
Xbox FY22 Q1's revenue is about $3.6bn, in comparison, last year Playstation's revenue in the same period was $4.77bn. I believe Sony's earnings report for this year comes out tomorrow, and it's pretty safe to assume Playstation will beat last year's revenue.
We can also guess how well Game Pass is doing because at the end of the day everything gets converted to revenue. It's obviously not enough to beat Playstation.
We can also guess how well Game Pass is doing because at the end of the day everything gets converted to revenue. It's obviously not enough to beat Playstation.
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Hendrick's
If only my penis was as big as my GamerScore!
Trogdor1123
Member
Those series s sales are interesting. They say it is slow moving, it is selling more than the x....
I love my series s so I understand it's appeal
I love my series s so I understand it's appeal
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Gaming probably has a lower margin than the rest of the company, Microsoft overall margin is better than Apple typically. I think that's why they don't say anything, I don't think we get margin of any of the more personal computing segment. I also think the incorrect numbers of subscribers has scared them from releasing numbers but if shareholders really want it, they will get it.
It's the 28th 15.30jst so 28th morning here in the UK. Yeah, that revenue looks right.
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![[Sigma]](/data/avatars/m/701/701747.jpg?1644526483){kind=avatar}
[Sigma]
Member
It's why I always laugh when they report their stuff these days. It's obfuscate city.
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twilo99
Member
Not long ago their total revenue was around $19-20bil. Now their NET Income is around that number. Think about that party for a minute or two.
.. MS doomed, xbox has no games, shut it all down.
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I don't think it was ever going to do that in a short term, Microsoft need to get another minecraft in terms of revenue. Microsoft is probably going to be the clear number 2 platform holder in terms of revenue. I don't know what a realistic time frame is or what Microsoft is expecting.
I think they should but the real question is buy what percentage?
DaGwaphics
Member
It's not surprising that they can get more S units out the door, seeing that the system uses less of every major component. Both systems are still selling out whatever stock is available almost a year in (stunningly good for Xbox), so the breakdown in S vs. X is really just how many S systems did they get out the door in comparison to X. Same with Sony and the DE/regular skus. You really can't make any assumptions about the market demand for the different skus until all skus are readily available.
Hendrick's
If only my penis was as big as my GamerScore!
Love all the armchair financial consultants in this thread trying to spin growth as a negative again.
They sell globally. Exchange rates change all the time. Constant currency is an attempt to keep that a constant to allow for better comparisons.
For example if in 2020 £1 was worth $1 and they sold ten items for £1 revenue would be $10. But if in 2021 £1 for worth $2 and they sold ten items again then revenue would be $20, sounds like good growth in dollar amounts, but no growth with constant currency.
DarkMage619
$MSFT
This is true but it still pushes back against the idea that people would prefer to just not have a console vs picking up the XSS for a low price. The XSS' SOC has a much higher yield and is easier to build than the XSX. If MS hadn't made the design decision to make two systems with different specs they'd be even further behind in hardware sales and market penetration. There is really has been no downside to the presence of the XSS on the market. This has been true of the PC market forever where differences in hardware hasn't had major negative impacts on gaming. It provides more consumer choice and everyone should be in favor of that.
DenchDeckard
Member
xbox is dad?