Xbox revenue falls 2% in first results since layoffs as decline narrows from 10%
Xbox's revenue saw a 2% decline in the July-September quarter, marking its fifth consecutive decrease, though the drop is less severe than in previous periods. While console sales and Game Pass subscriptions continue to shrink, Microsoft is anticipating stronger growth during the holiday quarter. The company's content and services business experienced a smaller 1% slip when currency changes are excluded, exceeding Microsoft's own forecasts.
- Entities
- Game: Minecraft
- Topic: Console Sales
- Company: Microsoft
- Game: World of Warcraft: Forever
- Topic: Revenue
- Company: Xbox
- Person: Amy Hood
- Platform: Xbox Series X
- Platform: Xbox Series S
- Person: Asha Sharma
- Topic: Game Pass
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