Xbox: higher revenues than Nintendo, thanks to the weak yen

All Game News

Xboxes did register higher revenues Of Nintendo recently, thanks to the weak yen which has favored the American brand. The news is relevant not only for the purposes of ranking among hardware manufacturers, but also to reduce certain statements by Microsoft, which is presenting itself to the antitrust bodies as the Cinderella of the video game industry, in order to get the approval approved as soon as possible. acquisition of Activision Blizzard for nearly $70 billion.

According to public data released by Microsoft and Nintendo in their financial documents, in the period from June 30, 2021 to June 30, 2022, Xbox produced more revenues than Nintendo, even without the contribution of Activision Blizzard (which produced 8 $8 billion in revenues, more than half of Xbox’s): $16.22 billion versus $14.08 billion. Let’s see the comparison in the graphs made by Derek Strickland of Tweaktown:

Xbox revenue

Nintendo's revenue

Nintendo’s revenue

As pointed out, the $2 billion difference in revenues between the two companies is largely due to the weakness of the yen. In fact, Mario’s house reports its data in yen and loses a lot with the conversion into dollars. Indeed, the 1.68 billion yen of revenues for the given period, if converted at today’s rate and not at June 30, would produce an even lower result of $11.68 billion.

Of course, revenues are not everything and it should be remembered that Nintendo has always managed to place more than 100 million Nintendo Switches in recent years, but the data helps to understand that the competition is fiercer than it seems. In all this, it is pleonastic to underline how PlayStation maintains the first position overall with 23.41 billion dollars in revenues.

Rate article
( No ratings yet )
New game TOP
Add a comment