Microsoft released its earnings report for the fourth quarter of its fiscal year, ended June 30, 2015. Although it was a disappointing quarter overall, with Microsoft recording an operating loss of $2.1 billion, its Xbox division post some impressive numbers.
According to Microsoft, "strong growth in consoles, online transactions, and 1st party games" all contributed to Xbox revenue growth of 27 percent. Combined Xbox One and Xbox 360 console sales came in at 1.4 million for the quarter, a 30 percent growth year-over-year. Actual platform revenue was up 10 percent.
"This progress, as well as the excitement that we generated at E3 with Xbox exclusive gaming content and backwards compatibility, demonstrates the building momentum that exists within the Xbox ecosystem," the company said.
"With the strength in Xbox and Xbox LIVE, along with the launch of Halo 5 in October, Xbox will continue to grow both fans and profitability."
Microsoft's Computer and Gaming Hardware division, which includes sales of the Surface and other devices in addition to Xbox consoles, saw a 44 percent revenue increase.
