Skip to main content
  1. Tech
  2. Games
  3. Consoles

With Xbox One launch, Microsoft announces record revenue for Q3 2013

See also

Likely due to Microsoft unveiling it’s next-gen console the Xbox One, the company reported record revenues for Q3 in 2013 to the tune of $24.52 billion, according to a report today from GameSpot.

The record quarter also yielded a net profit of $6.56 billion for Microsoft, an increase from the same quarter in 2012.

Within the department that encompasses the Xbox consoles –– Total Devices and Consumer –– revenue increased by 13 percent to $11.91 billion with a combined total of 7.4 million Xbox One (3.9 million) and Xbox 360 (3.5 million) units shipments.

Revenue for the Xbox platform rose by $1.6 billion with the launch of the Xbox One, but according to the report additional costs were felt with the next-gen console’s release.

The 3.9 million Xbox One units shipped seems to contrast the figure released by Microsoft earlier this month, when the platform holder said it sold-through 3 million next-gen consoles before the end of 2013.

You can read that full Examiner report by clicking here.

However, Microsoft released a statement to GameSpot explain that the additional 900,000 Xbox One units weren’t left on the shelf but were rather “sold into the channel in the final period of the quarter and so there was no time to sell the units through to customers.”

You can read that full Examiner report by clicking here.