Microsoft reported a significant 33% decline in Xbox hardware revenue alongside a 5% drop in content and services, continuing a downward trend for the gaming division. The company's overall performance remains strong due to substantial growth in cloud and productivity businesses, which helped drive $82.9 billion in total revenue. These results come amid executive changes including the retirement of Xbox chief Phil Spencer.
Background
Microsoft operates both consumer gaming (Xbox) and enterprise cloud/productivity businesses, which often show contrasting performance trends in quarterly earnings reports. The company has been undergoing leadership changes in its gaming division recently.
- Source
- The Verge
- Published
- Apr 30, 2026 at 04:43 AM
- Score
- 5.0 / 10