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Xbox revenue and console sales up year-on-year

Xbox parent Microsoft didn't have a good financial year, but Xbox itself did pretty well.

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Microsoft has released its Q4 financial report, posting a $2.1 billion loss.

The good news is that Xbox did better than last year. Microsoft said total Xbox revenue grew 27% thanks to first-party game sales, Xbox Live transactions and console sales, all of which showed "strong growth".

Sales of Xbox 360 and Xbox One consoles came in at 1.4 million for the quarter, up from 1.1 million in Q4 the year before.

Microsoft said "Xbox Platform revenue" - as opposed to total Xbox revenue - jumped 10%, but noted that the price cut on Xbox One consoles offset increased sales.

Microsoft's Computing and Gaming Hardware division, which includes Surface and other devices in addition to Xbox consoles, saw a 44% revenue increase.

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Brenna Hillier avatar

Brenna Hillier

Contributor

Based in Australia and having come from a lengthy career in the Aussie games media, Brenna worked as VG247's remote Deputy Editor for several years, covering news and events from the other side of the planet to the rest of the team. After leaving VG247, Brenna retired from games media and crossed over to development, working as a writer on several video games.

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