The leak also revealed financial data for Xbox, with gaming revenue hitting $17.7 billion for the fiscal year ended June 30, 2022, a 13% increase from the previous year. However, profits remained flat at about $2.2 billion. The number of Xbox Game Pass subscribers rose 73% to 35 million, while monthly active users increased 9% to 117 million. The leaks suggest Microsoft may be planning a less aggressive hardware schedule as profits shrink.
Key takeaways:
- Microsoft had a significant leak of sensitive plans, revealing that the company plans to launch a hybrid Xbox game console in 2028 and a mid-life update for the Xbox Series X/S console.
- The United Kingdom’s antitrust regulators have given preliminary approval for Microsoft’s $68.7 billion acquisition of Activision Blizzard.
- Microsoft's console generation is stretching to eight years, from 2020 to 2028, suggesting a slowdown in the public’s appetite for new video game hardware.
- Leaked documents also revealed that Microsoft's gaming revenue for the fiscal year ended June 30, 2022, was $17.7 billion, with Xbox Game Pass subscribers at 35 million and Xbox monthly active users at 117 million.