Software and hardware mega corporation Microsoft has today announced (via GamesIndustry
) that full-year revenues are up more than 11% to $86.8 billion, with the Computing and Gaming Hardware segment (formerly Devices and Consumer Hardware) reporting a total shipment of 1.1 million Xbox consoles in the fourth quarter.
Looking at Microsoft as a whole, full-year revenues were up more than 11 percent to $86.8 billion, with the company posting nearly $22.1 billion in net income, up about 1 percent year-over-year. For the fourth quarter on its own, revenues were up nearly 18 percent to $23.4 billion, while net income slipped 7 percent to $4.612 billion.
The gaming division saw fourth quarter revenues up 23 percent thanks to growing Xbox hardware and Surface tablet sales. Xbox hardware on its own saw sales jump 14 percent, though Microsoft has chosen to bundle Xbox sales into one category, a similar approach to Sony's PlayStation sales. Last known counts for the Xbox One were at 5 million in April, though the company has yet to announce any further milestones.
Revenue for the Devices and Consumer Other segment, which houses Xbox Live revenues and first-party Xbox software, also saw a boost in the fourth quarter with a 20 percent year-over-year increase.