Microsoft's gaming revenue fell four percent and Xbox hardware revenue declined 30 percent in the latest financial quar…
Microsoft's gaming revenue fell four percent and Xbox hardware revenue declined 30 percent in the latest financial quarter, the company has reported.
But the drop in Xbox console sales can also be attributed to Microsoft's first-party video game woes. Xbox Game Studios had an extremely quiet 2022 after a string of delays, and with the failure of Halo Infinite, there is increased pressure on Bethesda's Starfield, due out later this year, to fuel interest in Xbox consoles and Game Pass.
"And I've never been more excited about our pipeline of games, including the fourth quarter launches of Minecraft Legends and Redfall." The financials come ahead of Microsoft's proposed $68.7bn purchase of Activision Blizzard, which is subject to regulatory approval. The UK's Competition and Markets Authority ,, is one of three key regulators around the world still scrutinising Microsoft's deal, alongside the US Federal Trade Commission and the EU's European Commission.
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