Switch Sales Top 114M, PS5 and XS Sales Climb - Worldwide Hardware Estimates for Oct 9-15

[trunkswd]

Kyuu said:

trunkswd said:

I didn't see Microsoft mention anything about the increase in Xbox hardware revenue was due to a higher average price. What I saw was actually less Series X stock available in at least September.

Welfare estimates Xbox Series shipment is at 18 million, while we have sell-through estimates of 17.15 million units for a gap of 850K between shipped vs sold.

Xbox Revenue Q3 2022 (July - September)

Content & Services: ~$2,810,000,000 (Calculated)
Hardware: ~$800,000,000 (Calculated)
Total: $3,610,000,000

I estimate 2,100,000 Xbox Series were shipped last quarter.

Life To Date around 18M pic.twitter.com/Hewx7cpVmy

— John Welfare (@Welfare_JBP) October 25, 2022

Xbox hardware units up year over year, as well as Series X share (higher volume and price) pic.twitter.com/Z3SmQ9IutN

— John Welfare (@Welfare_JBP) October 25, 2022

Unless a much smaller gap between shipped and sold is asumed here, the data doesn't add up (we have sell-through at about 30% higher YoY if I'm not mistaken). A higher Series X split decreases the amount of units shipped.

I definitely missed that. Doing some quick math adding up the 13 weeks for the quarters we have Xbox Series sales up about 25% year-over-year. Our sell-through estimates are more or less fine with Welfare's shipment estimate. Though, I could see us being at most 100K or 200K too high over the course of the 3 months.