Xbox did register higher revenues from Nintendo in the last period, thanks to the weak yen which favored the American brand. The news is relevant not only for the purposes of ranking among hardware manufacturers, but also to downsize certain claims of Microsoft, which is presenting itself to the antitrust bodies as the Cinderella of the video game industry, in order to have the 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 its own 8 , $ 8 billion in revenues, more than half that of Xbox): $ 16.22 billion versus $ 14.08 billion. Let’s see the comparison in the graphs made by Derek Strickland of Tweaktown:
As pointed out, the two billion dollar difference in the revenues of 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 with today’s rate and not with that of June 30, would produce an even lower result, of 11.68 billion dollars.
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 more heated than it seems. In all this, it is pleonastic to point out that PlayStation maintains the absolute first position with 23.41 billion dollars in revenues.