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Xbox Series X/S are at their peak, but things are not going so smoothly

Xbox Series X/S
Next-generation consoles continue to break sales records, but Microsoft reports that "demand has significantly exceeded supply."

Immediately after the release, the next-generation consoles, Microsoft broke sales records - according to official statistics, the number of Xbox Series X/S users exceeds 100 million. In addition, Microsoft services - Xbox Live and Xbox Game Pass show good results. Of course, thanks to this, Microsoft's business is now booming - however, things are not so smooth.

Despite the high sales figures, there is a real shortage of consoles around the world - this is due to sales and New Year's holidays. According to the company's CFO, "demand has significantly exceeded supply" and, apparently, this situation will continue for at least another six months. However, this does not mean that Microsoft is poor. The company also said that the next-gen Xbox sold better in one month than any other in the same amount of time. In addition, the company's key service, Xbox Game Pass, has increased the influx of new users by 3 million and is now 18 million users worldwide.

Of course, such indicators were reflected in Microsoft's revenue - it also grew by 89% percent, compared to the period before the release of new products. In general, revenue continues to grow and, obviously, we will observe high demand for Series X/S for a long time.

Authored by: tentacl
Published on: 29 January, 2021
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