Microsoft: Xbox is 'Fundamentally Important' to the Company

18th November, 1 replies

There have been plenty rumors in the past that Microsoft has plans to release the Xbox division as its own company, however Microsoft CFO Amy Hood's comments during the UBS Global Technology Conference should help to reassure fans that this is not the case.

Hood stated that the Xbox is "fundamentally important" to the company; the fact that Microsoft was willing to spend $2.5 billion on Minecraft developer Mojang shows how dedicated the company is to gaming.

"I think about the importance of gaming," said Hood. "I would actually literally, very specifically talk about the importance of gaming to us; you've seen the investments we've made; you've seen us talk about gaming and its importance across all form factors for us, be it the PC, be it a phone, be it the console itself."

"I think we've done a very good job of taking something that sort of sat outside the Windows ecosystem and made it part of the Windows ecosystem. So that gaming value accrues back to the ecosystem and to the developers who work there."

"I would say gaming is fundamentally important. The Xbox brand is still an incredibly powerful brand; gaming PCs are amongst the most lucrative businesses to be in," she added. "Gaming as a category is quite profitable and I feel good about how we've changed the landscape of what that looks like as a company."

Revenue increased year-over-year for the Xbox division in the latest quarter and the number of Xbox Live users has also continued to improve.

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