The Verge·2 min read·medium
Xbox revenue drops 10 percent as Microsoft’s cloud and AI business surges
E
Emma Roth
✦AI Summary
Microsoft's latest earnings report shows a significant 10 percent decline in Xbox revenue alongside a 14 percent drop in hardware sales. Conversely, the company's cloud and AI segments experienced substantial growth, offsetting losses in other divisions.
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 14 percent, according to Microsoft’s fourth-quarter earnings report released on Wednesday.
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