Microsoft Predicts Better Results for Xbox’s Business Segments in Next Quarter Compared to Last Year
During Microsoft’s financial call for investor that was just wrapped up, Chief Financial Officer Amy Hood provided the forecast for the next fiscal quarter, related to the period between April 1st and June 30th.
In the Computing and Gaming Hardware segment, which includes the Xbox platform, Microsoft predicts revenues to be between 1.5 and 1.6 billion dollar.
As for the Devices and Consumer Other segment, which includes Xbox Live, revenue is expected to be 2.1 to 2.2 billion dollar, with continued growth in Xbox Live transactions named among the relevant factors.
For comparison’s sake, Computing and Gaming hardware registered $1.8 billion dollar in revenue in the latest quarter (between January 1st and March 31st), while Devices and Consumer other had a 2.3 billion dollar revenue.
While the forecasted results for the next quarter are lower than those for the latest announced today, that’s a pretty natural trend for the spring period. If the forecast proves accurate, results would actually be better to those registered last year.
In Q4 2014, Computing and Gaming Hardware brought home a revenue of 1.44 Billion Dollar, while Devices and Consumer Other registered a revenue of 1.88 billion dollar.
Assuming that the prediction is accurate, we’d see an increase in revenue of the Computing and Gaming Hardware segment between 60 and 160 million dollars, while the Devices and Consumer Other segment would increase by 220 and 320 million dollars in revenue, year over year.