Xbox Series X|S
Image: Xbox

Microsoft's latest earnings results have been published for the quarter ended December 31, 2021 (FY22 Q2), revealing Xbox gaming revenue has increased by 8% year-over-year.

Xbox's content and services revenue grew by 10% and was driven by growth in first-party titles and Xbox Game Pass subscriptions, which was partially offset by declines from third-party releases.

The company's hardware revenue during this period grew by 4% - with continued demand for Xbox Series X|S.

Halo Infinite has also been the biggest launch in the Halo franchise - with 20 millions players so far. Forza Horizon 5 was another successful Xbox release last year - with 18 million players jumping in.

For this same period, Microsoft's revenue is at $51.7 billion (an increase of 20%) and its net income is $18.8 billion - up by about 21%. This was driven by Windows, Office, devices like the services and cloud technology.

This latest financial update follows on from Xbox last week announcing Xbox Game Pass has now hit 25 million subscribers. Microsoft also recently announced it would acquire Activision Blizzard for close to $70 billion - bolstering its games division.

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