Xbox revenues dipped $1.7 billion last year, but Asha Sharma predicts a 'return to growth' by mid-2027
Xbox experienced a revenue dip of $1.7 billion in the last fiscal year, with content and services revenue down 10% and hardware revenue down 29%. Despite these declines, CEO Asha Sharma predicts a return to growth by the end of the 2027 fiscal year, citing investments in player value and the company's IP. Microsoft CEO Satya Nadella also expressed confidence in the business's long-term growth potential.
- Entities
- Company: Microsoft
- Topic: Growth
- Topic: Revenue
- Person: Satya Nadella
- Topic: Business
- Company: Xbox
- Person: Amy Hood
- Person: Asha Sharma
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