Today Satya Nadella, CEO of Microsoft, mentioned in the financial report that the Xbox brand has positioned itself in a very good way worldwide in different areas and has been able to take advantage of great opportunities presented thanks to the expansion of the video game industry. In that sense, Nadella has stated:
Our gaming business now is more than nine billion dollars and growing profitably. The gaming world is growing faster than ever before from gameplay across multiple devices, to the explosive growth in streaming and esports, to new subscription services and mixed reality scenarios.
We’re uniquely positioned to capture a large share of this opportunity because of our ability to unite the global community of gamers through Xbox Live – now 53 million-strong, and growing – and to enable new experiences across PC, consoles and mobile.
Satya Nadella usually would not be very vocal about the Xbox brand but lately he seems to be using is voice more. It looks like their is some real commitment at Microsoft for Xbox and that is good. Where does Xbox's revenue come from? Is it Xbox Live because I dont think much comes from the actual Xbox One console sales.