Starfield and Game Pass drive record Q1 gaming revenues for Microsoft

6 months 1 week ago

Microsoft has released the results for the first quarter of its financial year, showing a strong start for its gaming business thanks to the launch of Starfield and the inherent impact on Xbox Game Pass.

For the three months ended September 30, 2023, the company reported total revenues of $57 billion (up 13% year-on-year), including $13.7 billion (up 3%) from the More Personal Computing division, which includes Xbox.

Xbox content and services revenue rose 13% year-on-year, driven in part by the launch of Starfield, although hardware sales were down 7%.

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Author
James Batchelor