Xbox Series X/S demand drives 232% growth for Microsoft gaming hardware

Microsoft’s gaming division helped contribute a significant boost to its revenue during its fiscal Q3 2021 earnings report today. Xbox hardware revenue jumped 232% year-over-year as consumers rush out to pick up Xbox Series X/S consoles. These new systems were, of course, not available until Microsoft’s Q2. But even in more direct comparisons, Microsoft is seeing noticeable gaming growth.

Xbox’s overall revenue increased 50% year-over-year. Software and services, meanwhile, were up 34% compared Q3 2020.