Amy Hood
Reporting and statements that mention Amy Hood.
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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.
Xbox revenue dropped in Q4, but CEO Asha Sharma keeps promising that growth is coming
Microsoft's Xbox division experienced a 7% revenue drop in its fourth quarter, attributed to declines in content, services, and hardware. Despite these figures, Xbox CEO Asha Sharma expressed confidence in returning to growth by the end of FY27, citing an increase in new players.
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.
Xbox Layoffs 2026: What Microsoft's Reset Means for Average Gamers
Microsoft's Xbox division has undergone a massive restructuring, cutting approximately 3,200 jobs in fiscal year 2027 and shuttering or spinning off five studios, including Ninja Theory and Arkane Lyon. This move comes despite Microsoft's overall profitability, with Xbox reportedly struggling with low profit margins and a failed attempt to achieve a 30% accountability margin. The article analyzes the business decisions, including Game Pass accounting and price hikes, that led to these layoffs and discusses the implications for gamers, including potential changes to hardware strategy and game exclusivity.
Amid Xbox “Reset,” Microsoft Is Having Its Worst Month In 26 Years
Microsoft is experiencing its worst stock performance in 26 years, with shares down approximately 20% in June 2026. This financial downturn coincides with an 'reset' of the Xbox business under CEO Asha Sharma, which is expected to include significant layoffs and studio closures, driven in part by CFO Amy Hood's demands for cost savings. Despite overall revenue growth, high capital expenditures for AI infrastructure and Xbox's low profit margins are impacting investor confidence.
Microsoft may spin-off Xbox into separate business or team-up with rivals claims report
A report suggests Microsoft is considering spinning off its Xbox division into a separate subsidiary or forming a joint venture with rivals, though no immediate plans are in place. CEO Satya Nadella emphasized the need to make Xbox a sustainable business, hinting at increased investment in key franchises like Halo, Fallout, and The Elder Scrolls to improve monetization.
Report: Microsoft weighing up spinning off Xbox
Microsoft is reportedly considering spinning off or restructuring its Xbox division as a wholly owned subsidiary to improve its financial sustainability. New Xbox boss Asha Sharma has reportedly received approval to increase spending on key franchises like Halo and Fallout to accelerate development, despite recent revenue declines and plans for further layoffs.
Xbox is Exploring “a Range of Options” to Reach 30 Percent Profit Margins by 2030 – Rumor
Xbox is reportedly exploring various strategies to achieve a 30 percent profit margin by 2030, including potential cost-saving measures and a shift towards being more software-focused. These efforts are influenced by pressure from Microsoft and a desire to capitalize on upcoming hardware sales, such as for Grand Theft Auto 6. The company has also adjusted its Game Pass strategy, with new Call of Duty titles no longer launching day one on the service.
Xbox console sales drop by 33% as Microsoft struggles to make money from games
Microsoft's latest financial results reveal a significant 33% drop in Xbox hardware revenue compared to the previous year, contributing to an overall 5% decline in gaming revenue. Despite new leadership under Asha Sharma and efforts like a Game Pass price cut, the brand faces an uphill battle with declining console sales and underperforming first-party titles.
New Xbox head Asha Sharma says "we know we have work to do" as quarterly hardware sales sink another 33%
Xbox hardware revenue has declined by 33% in the last fiscal quarter, continuing a downward trend. Content and services revenue also saw a 5% dip. New Xbox head Asha Sharma acknowledged the need for improvement in player and revenue growth.
Microsoft predicts memory crisis will affect its revenue as struggling OEMs won't be as liberal with Windows…
Microsoft's Chief Financial Officer Amy Hood stated that the ongoing memory crisis is expected to negatively impact revenue from Windows OEM purchases. This decline is attributed to increased component costs leading to higher PC prices, reduced PC market demand, and a decrease in inventory levels for original equipment manufacturers.
Xbox delivers record monthly active users, but hardware revenue is still in decline
Microsoft's Xbox division achieved record monthly active users in Q3 FY26, despite a 7% year-on-year decline in overall gaming revenue. This decrease was primarily driven by a 33% drop in Xbox hardware revenue due to lower console sales volume and a 5% decrease in content and services revenue. New Xbox CEO Asha Sharma aims to revitalize the division, focusing on core fans and improving engagement, with initiatives like adjusting Game Pass pricing.
Phil Spencer Was Good for Xbox, but His Legacy Is Complicated - IGN
Phil Spencer is retiring after 38 years with Microsoft, concluding a 12-year tenure as Head of Xbox. His legacy is viewed as complicated, with shareholders seeing massive stock growth while some hardcore gamers point to increased subscription prices, fewer exclusives, and studio closures. Despite these criticisms, the article argues Spencer was a net positive, crediting him with saving Xbox during the Xbox One era, championing features like backwards compatibility and cross-play, and building a strong portfolio of studios and games.
