Xbox Revenue Fell by 10 Percent in Last Quarter
Microsoft's Xbox division experienced a 10 percent revenue decrease last quarter, coinciding with significant layoffs across the division. While overall Microsoft revenue increased by 18 percent due to cloud services like Azure, the Xbox content and services segment, along with the Windows OEM and Devices division, saw declines. As part of restructuring, Xbox divested four studios: Compulsion Games, Double Fine Productions, Undead Labs, and Ninja Theory.
- Entities
- Company: Microsoft
- Topic: Revenue
- Company: Ninja Theory
- Person: Tim Schafer
- Person: Satya Nadella
- Topic: Layoffs
- Company: Compulsion Games
- Company: Undead Labs
- Company: Xbox
- Topic: Financial Reports
- Person: Amy Hood
- Company: Anthropic
- Person: Asha Sharma
- Company: Double Fine Productions
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