Xbox just had its worst quarter in years
Microsoft reported a significant 10% decline in Xbox content and services revenue for its fourth fiscal quarter, marking the worst quarter for Xbox revenue since Q1 2024. Hardware revenue also saw a 13% drop, contributing to a total Xbox revenue of $4.983 billion. The report also mentions severance expenses due to layoffs, partially offset by other cost-saving measures, while the company's overall revenue was boosted by AI investments.
- Entities
- Company: Microsoft
- Topic: Revenue Decline
- Platform: Xbox
- Topic: Artificial Intelligence
- Topic: Layoffs
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