Is Gamepass losing money?

Game Pass is one of the best deals in video gaming – and it seems that the deal comes at a cost to Microsoft. Microsoft was absolutely destroyed by Sony during the PS4 and Xbox One era.

Is Game Pass making a loss?

Microsoft Gaming CEO Phil Spencer during today's Wall Street Journal's Tech Live conference revealed Xbox Game Pass is profitable and the revenue generated from it accounts for about 15 percent of Microsoft's gaming revenue.

Has Game Pass turned a profit?

Speaking at The Wall Street Journal's Tech Live event attended by The Verge, Spencer said Game Pass is "profitable for us," adding that Game Pass makes up 10-15% of the Xbox content and services revenue.

Is Game Pass a success?

Then, during the call, Nadella revealed briefly that Game Pass subscribers hit a high in Microsoft's Q2 2023. Game Pass not only continues to be one of the best deals in gaming, but also a major money maker for Microsoft gaming revenue.

What games is Game Pass losing?

With a minor grain of salt though, fans can reliably expect to see these games leave the service following the seven Xbox Game Pass games lost at the end of February 2023 (Alien: Isolation, Crown Trick, Dragon Ball FighterZ, Far: Changing Tides, Final Fantasy 13: Lightning Returns, Madden NFL 21, and Octopath Traveler) ...

Is Xbox Game Pass LOSING BILLIONS or MAKING MONEY? Microsoft RESPONDS!

Do games run worse on Game Pass?

There is no evidence across those games that you are performing worse because you also appear on Game Pass. Which is great. In fact, the 'also on Game Pass on Day 1' Steam conversion rate of 0.17 is about 20% above the monthly average for all games of 0.14.

Is Xbox Game Pass worthy?

At an entry price of $9.99 / £7.99 a month, the subscription is reasonably affordable compared to many other gaming or streaming services out there. With upwards of a reported 25 million subscribers, Xbox Game Pass has grown exponentially, jumping by seven million from 2021 to 2022.

What are the results of Xbox Game Pass?

Microsoft targeted a 73 percent growth rate for Game Pass for its fiscal year ending 30th June 2022. Instead, it managed just 28 percent growth. The previous fiscal year had a target of 48 percent growth, but instead the company managed 38 percent. That followed an over-achievement the year before.

Is Xbox Game Pass growing?

Gaming revenue has declined, however. First reported by TrueAchievements, Microsoft has revealed that the amount of monthly active users of Xbox has reached an all-time high during the second quarter of its fiscal year 2023.

Does Xbox lose money?

Contrary to what a lot of gamers may believe, new game consoles are usually sold at a loss. The respective company then recuperates the money over time with other business transactions, such as software sales and subscription services.

Will Microsoft increase price of Game Pass?

Microsoft has hinted that a hardware increase isn't out of the question, but has no plans to charge more for the consoles in the short term.

Is Game Pass replacing Xbox Live?

What happens to my Gold benefits if I upgrade to Xbox Game Pass Ultimate? Xbox Game Pass Ultimate includes Xbox Live Gold, so you'll still enjoy the benefits of Gold, including online console multiplayer, Games with Gold, and exclusive member deals.

How much does Game Pass make in a month?

Microsoft's subscription gaming service, Xbox Game Pass, has over 25 million subscribers. At a minimum of $10 per month, Microsoft is bringing in a quarter billion dollars every month.

Can 2 people use the same Game Pass?

Only the primary account holder can share their Game Pass benefits via home sharing.

Is Xbox cloud gaming profitable?

Xbox Game Pass is "profitable," accounts for 15 percent of content and services revenue.

How much does Xbox make a year?

Xbox Gaming and Hardware Revenue Drops 13% in December Quarter, Xbox Game Pass Sees Growth - Sales. Microsoft has released its earnings report for the second quarter of the 2023 fiscal year, which ended up December 31, 2022. Xbox gaming revenue declined 13 percent year-on-year from $5.44 billion to $4.76 billion.

Is Game Pass better than gold?

Xbox Game Pass Ultimate includes all the benefits of Xbox Live Gold, plus over 100 high-quality console and PC games. New games are added all the time, so there's always something new to play. Enjoy exclusive member deals and discounts.

How much is Game Pass yearly?

Meanwhile, an Xbox Game Pass Ultimate membership includes Game Pass and Xbox Live Gold. The annual price of Game Pass Ultimate ($180/year) is equal to the yearly cost of subscribing to Live Gold ($60/year) and the basic Game Pass for console or PC ($120/year).

Is Xbox Series S worth it?

Despite coming in at a super low price point in comparison, the Series S can play all the same games as the more expensive Xbox Series X. As well as saving money, you'll also save on shelf space - the Xbox Series S is completely disc-less so you need to buy all your games digitally.

Why are people switching to PC gaming?

PCs are far more powerful, have better graphics, are more customizable, and are also far more versatile than consoles. There are very few cons to gaming on a computer, and that is why more and more gamers are ditching their consoles every day.

Is Gamepass good value?

Xbox Game Pass Ultimate is an obvious purchase for anyone planning to play games on both Xbox and PC. It's cheaper than paying for each platform's library separately, and includes online play for the console, which would be worth the monthly fee alone.

Is game pass better on Xbox or PC?

If you play exclusively on a gaming PC, we think it's a clear-cut choice. Unless you're seriously interested in trying out Xbox Cloud Gaming, PC Game Pass is too much of a good value to pass up.

How long is Game Pass $1 for?

With games added all the time, there's always something new to play. Join now to get your first month for $1. Subscription continues automatically at the regular monthly price unless cancelled through your Microsoft Account. See terms.