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Phil Spencer: Xbox Revenue Now Doubles That of Xbox 360 Era

The Xbox boss also revealed that Xbox PC revenue alone is projected to reach over $1 billion in 2023.

After the Xbox Games Showcase, Xbox head Phil Spencer held a panel with journalists and bloggers to provide insights and share statistics about Microsoft's gaming business.

Among other things, Spencer highlighted that Xbox has achieved unprecedented revenue growth, despite the public's concerns. He also revealed an impressive figure of 150 million monthly players actively engaging in Microsoft titles.

"I often get asked 'How are you doing?' I'll get people who will harken back, some people in this room, to the Xbox 360 years as being the heyday of Xbox. And I was there, and I love what Xbox 360 meant for where we are today. But for you to understand, our business right now, from a revenue standpoint, is about twice the size it was during the Xbox 360 generation," Spencer said, according to GamesIndustry.biz.

Additionally, Spencer noted that the revenue generated solely from the PC platform in 2023 is projected to exceed $1 billion, marking the first time such a significant achievement has been accomplished in the division's history.

The Xbox boss also addressed Microsoft's proposed acquisition of Activision Blizzard expressing his confidence in the completion of the deal, despite the obstacles posed by the UK's antitrust regulator.

He emphasized that the partnership with Activision Blizzard has the potential to strengthen Xbox's position in the mobile market while also making significant contributions to the division's business expansion on the PC platform.

During the same panel, Xbox Game Studios head Matt Booty shared details on Xbox's roadmap saying that the company plans to release "at least four" exclusives a year.

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