Posted in: Games, Video Games | Tagged: entertainment, game, microsoft, s video games, xbox, Xbox 360, xbox one
Xbox Is Seeing 'Strong Growth' Says Financial Report
The Xbox has been slowly creeping back up on the PlayStation 4's stellar sales of late. The console has been on top more consistently in monthly sales and coming into this holiday period, it just has more first party exclusives releasing than the PlayStation 4.
In the Q4 financial report, Microsoft revealed a 2.1 billion overall loss, but sung the praises of the growing Xbox market. Microsoft revealed that the brand saw 27% increase in revenue showing 'strong growth'.
Sales for Xbox consoles reached 1.4 million for the quarter, which is an increase of the 1.1 million in the same period last year.
This is very good news. I want both consoles to really thrive as it breeds a better environment for everyone. A healthy Xbox is good for PlayStation, consumers and retailers. Going into this Christmas period the Xbox One just has a better library than the PlayStation 4 with Halo 5, Forza 6 and Rise of the Tomb Raider releasing, so we will see what that does to sales on top of this natural growth.
Thanks VG247 for the heads up!