Xbox Was Microsoft’s Biggest Weak Spot Last Quarter
Microsoft's gaming division, primarily Xbox, experienced a significant revenue decrease of $1.7 billion last quarter, despite overall company profits rising. This decline is attributed to lower sales of Xbox hardware, services, and content, with hardware revenue dropping by 29%. Xbox CEO Asha Sharma acknowledged the business did not grow with its audience and aims for growth by the end of FY27, while CEO Satya Nadella expressed confidence in Xbox's IP and studios to drive future revenue increases.
Gamespot
- Entities
- Microsoft
- Revenue Decline
- Xbox
- Gears of War
- Satya Nadella
- Activision Blizzard
- Call of Duty: Modern Warfare 4
- Fallout
- Xbox Series X
- Call of Duty
- Asha Sharma
Original source
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