In gaming, we’re pursuing our expansive opportunity from the way games are created and distributed, to how they’re played and viewed, surpassing ten billion revenue this year for the first time. We’re investing aggressively in content, community, and cloud services across every end-point to expand usage and deepen engagement with gamers.

The combination of Xbox Live Game Pass subscription and Mixer are driving record levels of growth and engagement.

In gaming, we expect mid-teens revenue growth, with continued strong user engagement on our platforms. The software and services growth rate will moderate due to a strong third-party title launch a year ago.