200 million new Xbox players weren't enough to offset falling revenue in its latest fiscal year, CEO says: "We…
Despite attracting over 200 million new players to Xbox and its games in fiscal year 2026, Microsoft's gaming division experienced a decline in revenue. CEO Asha Sharma acknowledged the gap between audience growth and business performance, stating that investments in player value are expected to drive growth by the end of fiscal year 2027. The company also underwent significant restructuring, including layoffs and spinning out several first-party studios.
- Entities
- Game: Minecraft
- Company: Microsoft
- Game: Black Ops 7
- Topic: Revenue
- Game: Candy Crush Solitaire
- Company: Ninja Theory
- Company: EA
- Topic: Layoffs
- Company: Compulsion Games
- Company: DoubleFine
- Company: Undead Labs
- Company: Xbox
- Game: Battlefield 6
- Platform: Xbox Series X
- Platform: PC
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