This outpaced the company's overall revenue growth of 18% for the year to $168.1 billion. Microsoft's gaming revenue had increased 33% year over year in fiscal 2021, adding $3.8 billion to the company's top line.
Microsoft's Xbox sales are increasing rapidly Let's look at the reasons why the Xbox gaming consoles could move the needle in a big way for Microsoft and play an important role in the long-term growth. However, there's one factor that could help the tech giant not only beat the market's Q1 expectations but also set the tone for a strong fiscal year ahead - the Xbox gaming console. The top-line forecast is within Microsoft's guidance of $43.3 billion to $44.2 billion, so the company looks well placed to satisfy Wall Street's expectations on that front.
The software giant is expected to deliver a 23% year-over-year increase in revenue to $44 billion, while earnings could jump from $1.82 per share in Q1 fiscal 2021 to $2.07 per share for the quarter that ended in September. 26, and investors will be looking forward to another solid set of results from the company that has turned out to be a rewarding investment so far this year. Microsoft ( NASDAQ:MSFT) will release its fiscal 2022 first-quarter earnings report on Tuesday, Oct.
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