Starfield provides a significant financial boost for Xbox, but hardware revenue is still declining
Starfield appeared on the Xbox Series last month. Thanks to Microsoft’s financial results for the first quarter of fiscal 2024, we now know that more than 11 million players have played Starfield so far. Starfield’s stellar launch resulted in a 13% increase in total Xbox content and services. However, despite the financial boon on the Xbox services side, overall Xbox hardware was still down 7%.
That’s according to Amy Hood, Executive Vice President and Chief Financial Officer of Microsoft, who also revealed on yesterday’s financial results call that Xbox Game Pass saw “better than expected” subscriber growth; However, Microsoft has not announced any updated Game Pass subscription numbers. This 7% decline in Xbox hardware contributed to an overall 22% decline in Microsoft hardware this quarter.
Microsoft CEO Satya Nadella revealed during the call that nearly half of all Starfield players have played the game on PC. And on launch day, Starfield helped set a record for most Game Pass subscriptions added in a single day – Starfield is available on both Xbox and PC Game Pass.
Although Microsoft’s acquisition of Activision Blizzard occurred earlier this month, Microsoft had little to say about the purchase. Nadella said, “With Activision Blizzard King, we will now add significant depth to our content portfolio” and that the company now has “over $13 billion franchises from Candy Crush, Diablo and Halo to Warcraft, Elder Scrolls and Gears.” of War.” He added, “We’re looking forward to one of our strongest first-party holiday lineups ever, including new titles like Call of Duty: Modern Warfare III and Forza Motorsport.”
For more information, see Game Informer’s Check out Starfield and then read why we think Starfield is surprisingly good to play with Remote Play. Then check out this feature about how Starfield is more like a sci-fi theme park than an open-world adventure.
Have you played Starfield? Let us know what you think in the comments below!
