Xbox first-party content partially offsets 2% drop in Q1 revenue, hardware decreases 14%
Microsoft reported strong overall revenue for the first quarter, with Xbox content and services revenue seeing a slight 2% decrease, partially offset by growth in first-party titles like Minecraft and Call of Duty. Hardware sales declined 14%, but the company anticipates mid to high-single digit growth for Xbox content and services in the next quarter, driven by upcoming game launches. The report also noted ongoing workforce reductions within the Xbox division.
- Entities
- Game: Minecraft
- Company: Microsoft
- Game: World of Warcraft: Forever
- Person: Satya Nadella
- Company: Activision Blizzard
- Company: Xbox
- Game: Call of Duty: Modern Warfare 4
- Game: Grand Theft Auto 6
- Topic: Workforce Reduction
- Topic: Hardware Sales
- Person: Amy Hood
- Game: Call of Duty
- Person: Asha Sharma
- Topic: Game Pass
- Topic: First-party Content
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