While most gamers will say that the latest generation of consoles has been predominantly characterized by stock shortages, the era of the Xbox Series X|S, PS5 and Nintendo Switch is a successful one as far as the manufacturers are concerned - including Microsoft, which recently posted strong numbers on its machine.
As far as raw sales are concerned, the Xbox Series X|S is lagging behind the competition. Nintendo is leading the pack by a massive margin as the lifetime sales of the Nintendo Switch console numbers over 88 million units. This is followed at a distance by the PS5 with 10 million units, and the newer Xbox models recently broke 6 million.
However, this hardly translates to a failure. Microsoft has been bridging the gap between Xbox and PC for gaming, and many of its paid services extend to both platforms. Chief executive officer Satya Nadella and chief financial officer Amy Hood spoke about the continued success of Game Pass, which keeps showing growth.
Microsoft has been posting significant year-on-year growth across the board. Despite moving fewer units than the competition, Xbox hardware revenue shot up 172% and gaming revenue grew by 11%.