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Microsoft has released its financial results for the first quarter of its current fiscal year, showing a dramatic increase in hardware revenues for Xbox.
For the three months ended September 30, 2021, Xbox hardware revenues were up 166% when compared to the same period last year, when Xbox One sales were dwindling ahead of the X|S launch.
Chief financial officer Amy Hood telling investors during this week’s earnings call that Microsoft was able to ship “more Xbox Series X and S consoles than expected, even as demand continues to exceed supply.”
Supply constraints have affected both Microsoft and