Game and content purchasing up 20 percent on Xbox Live in Microsoft's Q4

Microsoft reported its earnings for the fourth quarter of its fiscal 2013 today. The company missed its guidance due to “the decline in the PC market,” but it found some good news in Xbox Live.

The corporation reported that Xbox Live transaction revenue was up 20 percent in Q4. That means the sales of games, downloadable content, and items saw a significant bump from April 1 through June 30. That’s before Microsoft even held its “Ultimate Game Sale” that started July 1, which brought deep discounts to many of the biggest games on the Xbox Live Marketplace.