Xbox revenue from hardware and game sales plummets, but it’s explained

From Microsoft, they point to the time and console shortage since the Series X and S were released.

previous quarter results report microsoft He left the company boasting of year-on-year growth and firm conviction. xbox It continues on the right track, both at the level of next-generation consoles sold and at the level of subscriptions on Xbox Game Pass.

Console revenue down 11%However, in the latest financial report, we are facing a small decline in the multinational. According to data shared by the company itself, Microsoft recorded revenue of $51.9 billion with profits of 16.7 billion, despite stratospheric figures. represent a fall compared to other periods.

Overall, Microsoft saw declines in revenue across various departments of the company. In the case of Xbox, Revenue from console sales down 11% Counting the Xbox Series X and Series S, money from content and service also fell 6%.

The gaming division’s lower revenue (down 7% year-on-year) was announced by Microsoft’s own executives. the drop is a reflection of the console released two years ago it is coming to the market and it is normal for the sales to slow down.

They also don’t want to forget about the lack of consoles from Xbox. supply issues It’s played an important role in their opinion in recent years, as demand remains strong and the X and S Series continue to sell well in stores.