Mind-Blowing: How Microsoft Dominates the Gaming Industry on Nintendo Switch and PlayStation with Record-Breaking Revenue

During its testimony in front of the FTC, Microsoft disclosed that Minecraft generates more revenue on Nintendo and PlayStation platforms compared to Xbox. Xbox's CFO, Tim Stuart, revealed this information while defending Microsoft's $79 billion bid to acquire Activision-Blizzard.

Minecraft, which was released in 2011, holds the record for being the highest-selling game of all time, with over 238 million copies sold. It revolutionized sandbox games and is considered one of the most influential games ever created. Microsoft recognized its potential and acquired Mojang Studios for $2.5 billion in 2014. In 2020, the game boasted an impressive player-base of around 600 million monthly active players, cementing its status as one of the world's most popular games. With such a vast player community, it comes as no surprise that Minecraft serves as a significant source of revenue for Microsoft. However, it generates the most profits for Xbox when played on non-Xbox platforms.

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As per TweakTown's report, Tim Stuart, during their testimony, disclosed that PlayStation's revenue from Minecraft is nearly double the amount brought in by Xbox. Additionally, they revealed that Nintendo's revenue from Minecraft is approximately four times that of Xbox and almost twice the size of PlayStation's contribution. Stuart further stated that Minecraft is one of Xbox's most profitable, if not the most profitable, first-party game.

Xbox aims to demonstrate its commitment to being a platform-first company that supports gaming across various platforms. It also wants to emphasize that it has no intention of making Call of Duty exclusive to Xbox, as this would not be a wise decision. The exclusivity of Call of Duty has been a prominent subject, with Sony refusing deals from Microsoft. To further solidify Microsoft's stance, Phil Spencer, head of Xbox, pledged to keep Call of Duty on PlayStation. However, Sony remains skeptical, as an internal email suggested that Matt Booty, boss of Xbox Games Studios, was willing to outspend PlayStation to eliminate it from the market.

Furthermore, the FTC hearing unveiled additional information about Microsoft. After nearly a decade, Microsoft disclosed the sales numbers for the past two generations of Xbox consoles. Additionally, a document listed companies that Microsoft considered acquiring, such as Square Enix, Bungie, Sega, IO Interactive, and others. The documents also hinted at a potential release timeframe for Elder Scrolls 6 and the next-generation consoles from PlayStation and Xbox.

Source: TweakTown