Microsoft just released its financial results for the second quarter of fiscal year 2021. With sales of $ 43.1 billion (+ 17% compared to the same period of the previous year) and net income of $ 15.5 billion (+ 33%)The company has just gone through a sensational phase in which the gaming division is growing dramatically in passing. Xbox is therefore particularly popular with the Xbox Series X | S and Xbox Game Pass to achieve results far superior to last year.
Xbox on the rise thanks to Game Pass and Series X | S.
The second fiscal quarter of 2021, which ended on December 31, 2020, was therefore a complete success. For the Xbox department Sales have thus increased by 51% compared to the previous year. Strong growth, which the American company attributes in particular to the start of New Generation Consoles That Increased Hardware Sales By 86%!
To explain that surge, Microsoft is highlighting the importance of Xbox Game Pass alongside first-party and third-party titles. The very heart of the brand’s development strategy, the subscription offering, now appears to be playing its role as the main leverage for profits. However, for the time being we will notice that the number of subscribers to the service, which exceeded 15 million active users last September, has not been updated.
More than ever, it is the subscription service that is rolling out in the coming months. With the arrival of xCloud in the Apple ecosystem and on PC, new subscribers should be registered soon, while the arrival of new services cannot be ruled out. By the way, it’s interesting that Microsoft made a bank deposit of around $ 15 billion this quarter. A tidy sum that hypothetically covers the cost of two companies like ZeniMax Media. Everything is definitely going well on the Microsoft side.