Xbox lost $1,700,00000 this year but execs think all will be fine by June 2027
Microsoft's Xbox division reported a 7% decrease in revenue for fiscal year 2026, amounting to $1.7 billion, with console hardware sales down 29%. Despite these figures, executives Asha Sharma and Satya Nadella expressed confidence that the business will return to growth by fiscal year 2027, citing upcoming exclusive titles and investments in player value.
- Entities
- Topic: Console Sales
- Company: Microsoft
- Person: Satya Nadella
- Company: Xbox
- Platform: PlayStation 5
- Topic: Game Development
- Game: Forza Horizon 5
- Person: Asha Sharma
- Game: Fable
- Topic: Financial Performance
- Game: Gears of War: E-Day
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