Business · 1h ago
Microsoft's Record Quarter Can't Halt Xbox Revenue Decline
Microsoft posted its best-ever fourth quarter, but Xbox revenue fell 13% year-over-year as console sales and content revenue both dropped. The company's gaming division continues to struggle despite strong overall performance from Azure and cloud services. Xbox hardware sales have declined for five consecutive quarters.
Meridian48 take
The headline overstates the drama: Xbox is a small slice of Microsoft's business, and its decline is more about market maturation than failure.
Read the full reporting
Even Microsoft’s Best Quarter Couldn’t Save Xbox From Declining Revenue →
ProPakistani
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