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Xbox revenue on the rise in Microsoft FY19 Q3 earnings

Microsoft has posted its quarterly earnings for FY19 Q3, highlighting continued company-wide growth for the Redmond giant. While continued cloud success saw revenue jump 41 percent year-over-year, the report also outlined an upswing in consumer-facing investments, including Windows, Surface, and its gaming ventures.

Outlined via Microsoft'south FY19 Q3 earnings on April 24, gaming revenue continues to climb, seeing five percent growth against its tertiary-quarter 2022 earnings. Xbox software and services income also scaled 12 percent, outlining "third-political party title monetization and subscriptions" as critical factors in the gains. Hardware revenue vicious in dissimilarity, although faces off confronting the months tailing the Xbox I Ten's November 2022 debut.

Microsoft's Xbox Live gaming network also saw an uptick in year-over-year demand, increasing vii per centum to 63 meg active users. This conversely indicates a drop compared to last quarter, earlier rising to 64 million active users.

Xbox One and Microsoft's other gaming efforts keep to show hope, with further investments made beyond the Xbox portfolio. With the upcoming "Scarlett" Xbox panel generation, a growing lineup of in-house Xbox studios, and increased PC investments, the future looks bright for its gaming offerings.

Microsoft will bear a conference telephone call and webcast to provide further insight into this quarter'south numbers, along with a look frontward, at 2:30 p.thousand. PT (five:xxx p.m. ET). Yous can follow along at Microsoft's investor site.

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Source: https://www.windowscentral.com/xbox-revenue-rise-microsoft-fy19-q3-earnings

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