Microsoft: Total Xbox Revenue Grew 27%, 1.4 Million Consoles Sold

XBox sales

Microsoft today announced that Computing and Gaming Hardware revenue increased $591 million or 44%, driven by higher Surface and Xbox Platform revenue. Total Xbox revenue grew 27% based on strong growth in consoles, Xbox Live transactions and first party games.

Xbox Platform revenue increased $86 million or 10%, driven by higher volumes of consoles sold, offset in part by lower prices of Xbox Ones sold. They sold 1.4 million consoles in the fourth quarter compared to 1.1 million consoles during the prior year.

Also, Xbox Live transactions revenue increased $205 million or 58%, reflecting increased users and revenue per user. And first-party video games revenue increased $63 million or 62%.

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