Xbox FY21 Q3 revenue up 50% as Xbox Series X|S and Game Pass boom

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Microsoft announced its third-quarter earnings for its 2021 fiscal year on Tuesday, reporting a 19% increase in revenue year-over-year, clocking in at $41.7 billion. The company also demonstrated steady growth for its gaming portfolio this quarter, with revenue up 50% over the same period in 2020, attributed to a steady uptick across the complete Xbox portfolio.

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