Then, during the call, Nadella revealed briefly that Game Pass subscribers hit a high in Microsoft’s Q2 2023. However, even in that reporting, it was suggested that success of the Game Pass program and new subscribers helped to offset the losses. Microsoft saw a few misses in Q2 in its gaming business, including its hardware sales, which were down 13 percent from the previous year’s quarter. Nadella shared this brief comment during the conference call for Microsoft’s Q2 2023 earnings results on January 24, 2023. It was there that CEO Satya Nadella shared that Game Pass had a subscriber high during the previous quarter. This sector of Microsoft’s gaming business seemingly did quite well, but we weren’t aware of just how much it played a part until the conference call for Q2 2023. “These Game Pass price adjustments are not related to the Activision Blizzard deal, and are intended to match local market conditions,” Perez stressed.Gaming wasn’t a huge winner for Microsoft in its Q2 2023 quarter, but any losses it may have had seem to have been covered by the Game Pass program. This is the first time Microsoft has raised the price of Xbox Game Pass since the service launched in 2017. Interestingly, there are some countries where this increase will not apply, such as Norway, Chile, Denmark, Switzerland, and Saudi Arabia. Microsoft has specified that these increases will not be applied if you currently have an active membership and will only be applied when you renew your subscription. Specifically, Xbox Game Pass Ultimate will go from $14.99 to $16.99 for its monthly option, while the Xbox Game Pass subscription in its more modest version will go from $9.99 to $10.99, while maintaining the price of the PC subscription. Thus, the price of both subscription options will also increase from next July 6. As we said, Phil Spencer also did not guarantee that the price of Xbox Game Pass could be maintained, and indeed.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |