Microsoft Xbox’s net worth is approximate to be around $600 million. During Covid-19, its worth outstretched to $37.2 billion. Its popularity and worth make it stand among the wealthiest technology brands worldwide. Read the article till the end to get an answer to your query – “How Much Is the Xbox Company Worth?”
Furthermore, the brand has brought out many successful products in recent times. The products include Xbox One X, Xbox One S, Xbox One XS, and Project Scorpio.
Xbox makes money through many sources, including video game sales, royalties, and advertising. However, video game sales remain the only primary source of revenue for Xbox. According to experts, Xbox will generate around USD 19 billion in the gaming sector at the end of 2022.
FAQs on Xbox Company Worth
Microsoft has surpassed all the gaming revenue records by making a great deal of money from Xbox. As of Microsoft FY22, Xbox generated a new gaming income record of around $16 billion, a nonplussing amount.
The biggest video gaming company by revenue is Nintendo, with a net worth of over 85 billion USD. Nintendo’s most famous video games are Mario, The Legend of Zelda, Animal Crossing, Duck Hunt, and others.
According to Google’s search engine results in 2021, New Zealand has the most players on Xbox, while the United States stands in second place, leaving Canada and France in 3rd and 4th position.
Sony PS4 has outdone Microsoft Xbox in terms of gaming console sales. According to estimates, Sony has made twice as many sales as Xbox, and Microsoft has finally admitted that Sony PS4 concerning game sales excels Xbox.
In April 2016, Microsoft declared that the production of the new Xbox 360 had come to an end. However, the company will keep up with the hardware and software support to let users play Xbox 360 games on their Xbox One.
Generally, gaming consoles last up to 6-8 years, with proper maintenance and moderate utilization. Or else you shouldn’t expect your console to be with you for years. Every other electronic device, be it a computer, laptop, or console, need your special care and attention.
Read another article on Why Does My Xbox One Keep Turning Off?
