Microsoft Gaming Revenue saw a 13% Fall in Holiday Sales

[{"selector":"#anim-cac91fa2-9e67-4b91-8852-9a510db68cb3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(30.59323396587464%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] BY JAMES SCOTT/ JAN 26, 2023 Learn more

[{"selector":"#anim-177df53f-0448-469c-b0c1-11085308ef98 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(27.17549186058388%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Microsoft has disclosed that during the holiday season, its gaming income decreased by 13% from the previous year. Microsoft Gaming

[{"selector":"#anim-b450ecc5-9007-4e02-9900-ba7ca15a16e2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(27.17549186058388%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The firm announced on Tuesday during its quarterly earnings call that the gaming revenue had decreased from $5.44 million to $4.76 million. Microsoft Gaming

[{"selector":"#anim-df62f757-2398-4851-a29a-614d5c21b7c9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(27.17549186058388%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The corporation is now embroiled in a legal dispute over its plan to purchase Activision Blizzard for $69 billion. The company's hardware revenue decreased by 13% yearly in addition to game revenue. Microsoft Gaming

[{"selector":"#anim-ace49fb8-9596-4199-8a26-e150340f5ca8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(27.17549186058388%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Revenue from Xbox content and services, including Xbox Game Pass, decreased by 12%. Microsoft Gaming

[{"selector":"#anim-97816618-2821-4781-8af7-393a9fbec588 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(27.17549186058388%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] In October, the company's chief financial officer, Amy Hood, stated that Microsoft anticipated a fall of about the same size as what was observed. Therefore it was also not an anticipated decline. Microsoft Gaming

[{"selector":"#anim-1692413a-2c7b-422e-81fa-31028f01a961 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(27.17549186058388%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Microsoft said on the conference call that the revenue drop might be related to "a strong prior year comparator." Microsoft Gaming

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