First-party Content

Xbox first-party content partially offsets 2% drop in Q1 revenue, hardware decreases 14%

Microsoft reported strong overall revenue for the first quarter, with Xbox content and services revenue seeing a slight 2% decrease, partially offset by growth in first-party titles like Minecraft and Call of Duty. Hardware sales declined 14%, but the company anticipates mid to high-single digit growth for Xbox content and services in the next quarter, driven by upcoming game launches. The report also noted ongoing workforce reductions within the Xbox division.