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Xbox Revenue up for Q4 2015

Microsoft has been talking about its fourth quarter 2015 results and while the company as a whole made a loss, Xbox and the division it sits in made a profit.

The company generated $22.2bn in revenue for the quarter ended 30th June 2015, but it made a loss of $2.1bn because of its purchase of the Nokia phone business, while also losing money due to restructuring.

Its Xbox we are interested in though and that grew 27 per cent thanks to sales of consoles, Xbox Live transactions and first party games. Xbox Platform revenue increased 10 per cent to $86m, although the price cuts to Xbox One did drive the profits down a little.

Microsoft said it sold 1.4m consoles in the fourth quarter, which is up from 1.1m consoles during the prior year, although it didn't state how many of each console it sold.

Xbox Live users grew 22 per cent in the quarter, logging nearly 3.5bn hours of gameplay, while first-party video games revenue increased $63m, mostly thanks to Minecraft.

The lines on the chart are going up, then, but is Xbox doing well enough for Microsoft? Microsoft CEO Satya Nadella said Xbox "had an incredible Q4".

"Gaming is an important scenario for Windows 10, and our success with Xbox this quarter gives us a strong starting position heading into launch," said Microsoft CEO Satya Nadella.

"Our growing fan base is excited for the best games lineup in our history. All of this comes together with Windows 10, when fans can connect with each other, stream all of their Xbox One games to Windows 10, and experience the best virtual reality platform given our partnership with Oculus Rift and Valve."

Xbox One still has a lot of catching up to do on Sony's PlayStation 4, the latter having shifted 22.3m units as of 31st March 2015. Microsoft has yet to reveal any updated sales numbers for Xbox One.

Edited On 22 Jul, 2015

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