Microsoft gaming-related revenue grows at record pace.

Per the WSJ, Microsoft is making great strides in the gaming space.

“The company reported a record 18% year-over-year jump in gaming revenue to $2.3 billion for its fiscal third quarter ended March 31, and its Xbox Live service now claims 59 million monthly active users and has grown 13% in the last year.”

Revenue opportunities have evolved quickly and moved beyond consoles and games to digital services, subscriptions and in-game sales. The article cited Morgan Stanley analyst Keith Weiss’ estimate that hardware sales (consoles, etc.) will contribute 16% of Microsoft’s top line by 2021, down from 28% today.

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Source: Dan Gallagher | "Xbox Shows Microsoft Playing the Long Game" | The Wall Street Journal | 06/11/2018 | Visit