If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

Xbox One sales up year-over-year despite decline in hardware revenue

Microsoft noted in a call to investors last night Xbox hardware revenue declined 26% during its third-quarter for the current fiscal year.


Xbox One sales up year-over-year despite decline in hardware revenue

The company attributed the decline to lower Xbox 360 consoles sold and lower Xbox One pricing. That said, Xbox One unit sales were up year-on-year for the period ending March 31.

As reported in its financial release, Xbox Live grew 26% year-over-year compared to Q3 FY2015. The company said the increase was "driven by the growth of Xbox One and Windows 10."

The firm said Xbox One sales are continuing to outpace prior generations in both reach and engagement, and gaming hours grew on Windows 10 by 50% thanks to Xbox One titles being available through the Windows Store.

In gaming, revenue grew 4% to $64 million due to "continued progress in the monetization" of the installed base. Revenues from Xbox Live grew 21% due to higher volumes of transactions, revenue per transaction, and increased revenue from Microsoft's game studios.

Microsoft expects to see "continued healthy user engagement" on its Xbox platform. Looking forward to E3 2016 in June, the company will announce new titles for the upcoming fiscal year.

Via Seeking Alpha.

About the Author
Stephany Nunneley-Jackson avatar

Stephany Nunneley-Jackson

News Editor

Half-blind/half-dyslexic, bad typist, wine enthusiast, humanitarian, intellectual savant, idiot savior, lover of all things nonsensical, animal hoarder and highly sarcastic.

Become a VG247 supporter and get your first month for £1!

Get your first month for £1 (normally £3.99) when you buy a VG247 subscription. Enjoy ad-free browsing, merch discounts, our monthly letter from the editor, and show your support with a supporter-exclusive comment flair!

See more information
VG247 logo

Buy our t-shirts, yeah

They're far more stylish than your average video game website tat.

Explore our store
VG247 Merch