tldrdailynews.com logo

Xbox Revenue Tumbles for Fourth Straight Quarter as Hardware Dips 13%

1 min read
Source: VGChartz
Xbox Revenue Tumbles for Fourth Straight Quarter as Hardware Dips 13%
Photo: VGChartz
TL;DR Summary

Xbox posted its fourth straight quarterly revenue decline, with total Xbox revenue at $4.98B (down from $5.53B YoY). Hardware revenue fell 13% while content & services declined 10%. For the full year, Xbox revenue dropped 7% to $21.79B despite Microsoft’s overall revenue rising 18% to $331.8B. CEO Satya Nadella and Xbox chief Asha Sharma say they’re resetting the business for long‑term growth and expect a return to growth by FY27; the forecast for the next quarter calls for further declines in both content & services and hardware.

Topics:technology#business#content-and-services#earnings#hardware-revenue#microsoft#note-only-five-allowed-extra-tag-ignored#xbox
Share this article
  1. Xbox Revenue Declines for 4th Straight Quarter, Hardware Revenue Falls 13%  VGChartz
  2. Microsoft's Xbox chief lays out plan to pass rivals on margin by 2030 in memo to employees  CNBC
  3. Xbox CEO lays out priorities in memo after major ‘reset’  The Verge
  4. Xbox CEO Asha Sharma promises Xbox will "return to growth" by FY28 — how?  windowscentral.com
  5. Xbox revenue plunges $1.7bn, with hardware dropping 29% YoY  GamesIndustry.biz

Reading Insights

Total Reads

1

Unique Readers

5

Time Saved

10 min

vs 10 min read

Condensed

96%

1,996 → 87 words

Want the full story? Read the original article

Read on VGChartz