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EQUIPThe Verge · 1d ago

Xbox revenue drops 10 percent as Microsoft’s cloud and AI business surges

Executive Brief

The 30-second read

Microsoft's gaming division reported a significant downturn with Xbox content and services revenue falling 10 percent. Concurrently, hardware sales decreased by 13 percent despite growth in the company's broader cloud and AI sectors.

  • 01Xbox content and services revenue including Game Pass subscriptions dropped 10 percent
  • 02Hardware sales experienced a 13 percent decline according to fourth-quarter earnings
  • 03Gaming losses contrast with surging revenue in Microsoft cloud and AI business units

AI-generated summary · Verify at source

Xbox is having yet another tough quarter, as revenue from content and services like its Game Pass subscription dipped 10 percent over the past few months. At the same time, Xbox hardware sales declined 13 percent, according to Microsoft's fourth-quarter earnings report released on Wednesday. The news comes just weeks after Xbox head Asha Sharma […]