That would put Xbox Game Pass revenue around $541.5 million for the July to September quarter. Microsoft in its earnings report for the first quarter of the 2023 fiscal year, which ended up September 30, 2022, revealed Xbox gaming revenue reached $3.61 billion. "On console I've seen growth slow down, mainly because at some point you've reached everybody on console that wants to subscribe." "We're seeing incredibly growth on PC," he said. Spencer said that Microsoft is seeing "incredible" growth for PC Game Pass, however, the growth on Xbox consoles has slowed down recently. Spencer added, "I think it will stay in that 10-15 percent of our overall revenue, and it's profitable for us." "I think the overall revenue grows so 15 percent of a bigger number, but we don’t have this future where I think 50–70 percent of our revenue comes from subscriptions." ![]() "Game Pass as an overall part of our content and services revenue is probably 15 percent I don’t think it gets bigger than that," he said. Microsoft Gaming CEO Phil Spencer during today's Wall Street Journal's Tech Live conference revealed Xbox Game Pass is profitable and the revenue generated from it accounts for about 15 percent of Microsoft's gaming revenue. ![]() By William D'Angelo, posted on 26 October 2022 / 7,602 Views
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