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Gaming

Xbox Game Pass just keeps growing and growing

First reported by Real PerformanceMicrosoft revealed that the number of monthly active users of Xbox reached an all-time high during the second quarter of fiscal year 2023.

This is regardless of the fact that overall gaming revenues are down during the same period. During the call incomeMicrosoft spoke to investors about the second quarter of FY2023, with Chairman and CEO Satya Nadella sharing the active user information.

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“We saw new highs for Game Pass subscriptions, game streaming hours, and monthly active devices. And monthly active users surpassed a record 120 million during the quarter,” reveals Nadella.

The CEO also shares that Microsoft “will continue to invest to add value to Game Pass.” It recently partnered with Riot Games and is excited about the upcoming lineup of AAA games, including “exciting new titles from ZeniMax and Xbox Game Studios,” more information will be shared during today’s Xbox Developer Direct.

It’s also worth noting Microsoft’s current commitments. It wants to help customers realize the value of their technology and build long-term loyalty with them, and it is also aware that we are entering an era of AI. “As customers select their cloud providers and invest in new workloads, we are well positioned to capitalize on that opportunity as a leader in AI.”

Nadella continues, “We have the most powerful AI supercomputing infrastructure in the cloud. It is used by customers and partners, such as OpenAI, to train advanced models and services, including ChatGPT.”

Micrsoft also notes that “moving to the cloud is the best way for any customer in today’s economy to reduce demand uncertainty and energy costs, while increasing the efficiency of cloud-native development.”

While the number of monthly active Xbox users and Game Pass subscribers is currently booming, gaming revenue is doing the opposite. However, this, on top of Microsoft’s growth plans and its ongoing acquisition of ActivisionBlizzard, could keep Xbox growing in the future.

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