Sat, Nov 09, 2013 | 18:16 GMT
Microsoft Q1: Xbox 360 sales down, Xbox Live revenue up
Microsoft’s Devices and Consumer Hardware segment had a strong first quarter, but its performance was, for once, not due to the success of Xbox 360 hardware sales – although Xbox Live is minting it.
The platform holder noted a 37% year-on-year upswing in the Devices and Consumer Hardware segment, but it was sales of the Surface tablet family that spurred the rise, with $400 million in revenue.
As for the Xbox 360, it shifted 1.2 million units – a 29% decrease year-on-year, which is unsurprising given the launch of the Xbox One next month.
The Devices and Consumer Other segment, which includes first-party games and Xbox Live, did have a strong quarter, noting a year-on-year sales increase of 17% to $1.64 billion.
Xbox Live transactions were up 25% year-on-year, but Microsoft noted other revenue increases, notably thanks to Bing and Office 365 Home Premium.
Overall, Microsoft noted $18.53 billion in revenue, up 16% year-on-year.