Yesterday, Microsoft announced its FY18 Q4 earnings. According to the company, during the past fiscal year, the gaming division generated over $10 billion in revenue. In response to these figures, Microsoft head Satya Nadella emphasized the company's commitment to the Xbox brand. He mentioned that Microsoft is aggressively investing in content, community, and cloud services for games. You can read the excerpt compiled by DualShockers below.
In gaming, we're pursuing our expansive opportunity from the way games are created and distributed, to how they're played and viewed, surpassing $10 billion revenue this year for the first time. We're investing aggressively in content, community, and cloud services across every end-point to expand usage and deepen engagement with gamers... The combination of Xbox Live Game Pass subscription and Mixer are driving record levels of growth and engagement... PlayFab accelerates our vision to build a world-class cloud platform for the gaming industry across mobile, PC and console. The addition of five new gaming studios bolsters our first-party content development to support our fast-growing gaming services.
It's great to see that Microsoft will continue to strengthen its gaming division. Hopefully this means that the company will also acquire more studios in the future. When the Xbox One X's successor launches, it also needs to incorporate advanced technology not found in competing consoles. We already know that Microsoft is developing a cloud streaming service and can't wait to see what the coming years hold for the brand.
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