Prices set to increase for Xbox consoles and Game Pass

“Chinese game developers are trying to standardize their development tools, create advanced production processes, invest in really large-scale teams. Ultimately, that helps provide them with the competitive edge to reach a broad audience both in terms of geography and platforms.”

In other news, Microsoft has revealed its first-quarter results, which show a year-on-year increase of roughly 0.47%, making this their greatest quarter ever. The previous greatest quarter for Xbox was last year, with revenue totaling $3.59 billion; this time around, revenue totaled $3.61 billion. Gaming income increased marginally, but content and services decreased, while Xbox hardware revenue increased by 13%.