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Xbox Hardware Revenue Grows as Microsoft Reports Record Earnings

today27 January 2021

Background



Microsoft has posted record profits this quarter, including a boom in its gaming sector which has revenues up 51%. The company as a whole posted a record-breaking $43.1 billion in revenue.

In the most recent financial earnings report for the period ending on December 31, 2020, Microsoft shared that revenue increased by 17% to reach $43.1 billion and $15 billion in profit.

As per the case for the last several quarters, profits were driven by Microsoft’s cloud platform, but that…

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Written by: Matt T.M. Kim


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