Microsoft's recent disclosure of its fiscal third-quarter financial results showed that the company reached the remarkable mark of one trillion dollars in market value.
According to the report, the company's revenue increased by 30.6 billion dollars compared with the previous year's results. After this achievement was announced, Microsoft's shares increased in value, which later led to a drop to 995 billion; even so, the Xbox One company remained ahead of other giants such as Apple and Amazon, whose market values were 973.2 billion dollars and 942.8 billion dollars, respectively.
Microsoft at E3 during the announcement of Xbox One X.
Information about the division responsible for Xbox One was also released on that occasion. It was said that although console sales were well below what the company wanted, total game sales revenue was very positive, increasing by 5%, partly because of the popularity that the company's services, such as Game Pass, have achieved in recent months.
As if that were not enough, rumors that the company's next console could be announced at E3 next June are growing. Now all that remains is to wait for the news ahead. We at Epic Play will keep an eye on the updates.
