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Xbox Game Pass service keeps Xbox revenue from falling

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Last night, Microsoft revealed the revenue of the Xbox division during the last quarter of the current fiscal year, as the Xbox Game Pass To make up for losses in other departments at Xbox.

While sales of games and content on Xbox platforms have seen a significant decline due to the lack of first-party titles and additional content releases during the recent period, the increase in monthly subscriptions to the Xbox Game Pass service has helped offset this decline.

Xbox sales also witnessed a notable surge during the quarter ended September 30 as it recorded returns with an estimated increase of 13%, which was described as the best among the previous quarters. While Microsoft CEO confirmed Satya Nadella That there were more than 20 million subscribers to the Xbox Game Pass service using it to play games.

The PC version of Game Pass also saw strong demand, with subscription growth estimated at 159% year-over-year.

Nadella also indicated that the Xbox Series S played an important role in the growth of sales in the gaming section, as more than 50% of the device's owners are new to the Xbox system, thanks to the availability of the device with the next-generation architecture at an affordable price, providing service Game Pass A new way to access a vast and up-to-date library of games on your device.

According to an external statistical source citing VGC, the entire Xbox division saw a 0.47% increase in profits, which equates to US$$3.61 billion and is the best in years.

Meanwhile, Microsoft is still struggling to secure its nearly $1.4 billion acquisition of Activision Blizzard. The deal is still subject to scrutiny and scrutiny by a number of international antitrust institutions, which have set strict conditions for the deal to be completed.