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Chronicles

The story behind the story

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Microsoft says Xbox Game Pass is profitable and accounts for ~15% of Xbox's content and services revenue, after sharing PC Game Pass subscriptions rose 159% YoY

Microsoft Gaming CEO Phil Spencer has revealed that the company's Xbox Game Pass subscription service is already profitable.

The Verge Tom Warren

Discussion

  • Gameranx Paul James on x
    Game Pass Growth Is “Slowing Down” Says Xbox Boss
  • @tomwarren Tom Warren on x
    Phil Spencer hints at future Xbox Game Pass or console price increases at WSJ Live “I do think at some point we'll have to raise the prices on certain things, but going into this holiday we thought it was important to maintain the prices.” https://twitter.com/...
  • @tomwarren Tom Warren on x
    Phil Spencer confirms at WSJ Live that Xbox Game Pass is profitable for Microsoft. It's around 15% of gaming revenues for Microsoft “I think it will stay in that 10-15% of our overall revenue, and it's profitable for us.” 1/2
  • @k__med @k__med on x
    When/if Game Pass goes up by $5, will you still subscribe? Is the value still there? At what price does it get push back like Netflix? https://twitter.com/...
  • @kmega4 @kmega4 on x
    And this is why Gamepass will still be the best value in gaming compared to the competition https://twitter.com/...
  • @jmaine518 King J on x
    That Xbox GamePass Price is definitely going up especially when they start having a consistent flow of AAA games on there from these studio acquisitions. They gotta keep it profitable 🤷🏿‍♂️ https://twitter.com/...
  • @vicious696 Parris on x
    and there it is now maybe the tired argument of worrying if Xbox Game Pass is sustainable can end (it wont) and folks can enjoy a great value for people who love gaming https://twitter.com/...
  • @iansherr Ian Sherr on x
    He notes, though that Apple's power is hard to ignore. “It just shows the market power a company has if the result of you complaining about it is you get kind of you get thrown out of the store,” Spencer says. Adds that Xbox Cloud going through the web browser isn't ideal
  • @destinlegarie Destin on x
    Wait... you can offer a great service and make a profit? That's not what I heard in those CMA love letters. https://twitter.com/...