The name Xbox is any gaming enthusiast’s dream come true. Xbox is a video gaming brand owned by Microsoft. It provides many products such as streaming services, video game consoles, gaming apps, etc.

Source: The Guardian

Beginning

Microsoft took the decision of having a console that would run on the Windows platform after Sony announced PlayStation 2. It was launched in 2001. During that time, it had many competitors such as Playstation2, Dreamcast, GameCube.

They took the Xbox one step higher by introducing the Xbox Live which allowed gamers to play online. When the Xbox 360 was launched, it sold over 78.2 million units.

Success of Xbox

Source: Xbox

Xbox witnessed massive success and it started to launch many new products. By 2019, it had more than 65 million users worldwide. They also created Xbox SmartGlass for different platforms including Android and iOS.

Xbox also launched the Xbox Controller in 2001 apart from the gaming consoles. It also launched Kinect. Xbox launched Xbox Game Pass in 2017. Now, gamers can play on different platforms and Xbox 360 controller allows the players to manage different games across platforms.

Awards

Xbox has been the recipient of many awards. The company won multiple British Academy Game Awards for Best Game.

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Revenue

Xbox is estimated to have a net worth of approximately $600 million. During the Covid-19 pandemic, its revenue increased by $37.2 billion. Today, it has become a global brand with millions of users.

Source: Xbox

Read more: Fortnite net worth: How much revenue did this popular game generate in 2021?

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