IT Home October 26th news, Microsoft announced a new milestone in its Xbox cloud gaming service. During the company's quarterly earnings call, Microsoft CEO Satya Nadella said that more than 20 million people use Xbox cloud gaming .
As early in April this year, Microsoft announced that the Xbox cloud gaming service has received more than 10 million players, , which means that the service's user base has doubled in just six months .
Nadella said: "We are adding new gamers to our ecosystem to achieve our ambitions to reach players anytime, anywhere, on any device."
IT Home learned that Microsoft Xbox Cloud Games was launched for Xbox Game Pass Ultimate subscription users on September 15, 2020, and then brought the service to various types of devices, including TVs, browsers, handheld consoles, VR devices, etc. Microsoft is also developing the Xbox streaming box, which has not been released yet.
In addition, Microsoft PC Game Pass subscriptions increased by 159% year-on-year, and Xbox hardware revenue also increased 13% in the quarter, mainly driven by Xbox Series S sales. Nadella revealed: "Nearly half of Xbox Series S buyers are exposed to the Xbox ecosystem for the first time."
" Microsoft Fiscal quarter revenue in Q1 fiscal year 2023 was US$50.122 billion, up 11% year-on-year, and net profit was US$17.556 billion, down 14% year-on-year"
