Microsoft’s Xbox division is enjoying very strong results lately, due in part to the COVID-19 pandemic that’s keeping people at home playing games. Microsoft reported earnings on Wednesday, and the Xbox division saw its revenue rise by a massive 64 percent (up $1.3 billion).
The sales uptick was led by “growth in Xbox content and services.” Content and services revenue jumped by $1.2 billion (up 65 percent) due in part to “record engagement” as stay-at-home measures remain in place. Additionally, Microsoft said it enjoyed “strength” from third-party games, which pay Microsoft to be on their store.
Microsoft CEO Satya Nadella said “it was simply a breakthrough quarter for gaming,” adding that Xbox Game Pass is seeing “record subscriber growth” on console and PC. However, he did not provide a new figure beyond the 10 million subscriber number that Microsoft announced earlier.