Microsoft changing the game industry once again first with Broadband Xbox Live and now with Netflix style gaming.
Microsoft has a hit on its hands with Xbox Game Pass, and analysts are starting to notice | On MSFT
The rumors that Microsoft is creating two next gen systems where one is streaming only will push Video games into a new fold
Microsoft has a hit on its hands with Xbox Game Pass, and analysts are starting to notice | On MSFT
While Microsoft’s Xbox Game Pass isn’t quite the cloud-based initiative proposed during the Xbox One unveiling, or like Sony’s actual cloud-based solution with PS Now, its implementation does offer Microsoft a platform expansion that should worry competitors.
The launch of Xbox Game Pass has been a relative success for the company as Microsoft chalked up a 44% growth in its gaming revenues annually. The growth of the Xbox division helped add an additional 9% or $2.74 billion to the company’s bottom line, making it the third fastest growing sector in Microsoft’s portfolio.
Microsoft’s Xbox One hardware hasn’t been flying off the shelves in any noticeable way as of late thus isolating the gains in Xbox revenue to software related initiatives such as an increase in Xbox Live and Game Pass subscribers.
What this means is, that Microsoft isn’t going to be walking away from Xbox Game Pass anytime soon, and in fact, is already strategizing ways to expand the ecosystem.
The rumors that Microsoft is creating two next gen systems where one is streaming only will push Video games into a new fold