Xbox "has work to do", but is "recommitting" to core fans following hardware revenue drop of 33% year-on-year
Xbox is recommitting to its core fans following a 33% year-on-year drop in hardware revenue and player growth that has not met ambitions. Microsoft CEO Satya Nadella stated that while monthly active users and game streaming hours reached new records, the company has "work to do" to win back players. Recent price reductions for Game Pass subscriptions and a focus on core features are part of this strategy, alongside the development of next-generation hardware.
- Entities
- Company: Microsoft
- Topic: Hardware Revenue
- Person: Satya Nadella
- Topic: Player Growth
- Company: Xbox
- Platform: Xbox Series X
- Platform: Xbox Series S
- Person: Asha Sharma
- Topic: Game Pass
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