Tuesday, January 31, 2023
HomeDigit NewsSales of Xbox and Microsoft games sank. The company reported for...

Sales of Xbox and Microsoft games sank. The company reported for the next financial quarter

Microsoft has published a report on the results of the second quarter of fiscal year 2023.

The company’s revenue rose 2% to $52.7 billion, while net income fell 12% to $16.4 billion.

This is far from Microsoft’s best quarter. These results are due to several reasons. First, there is a decline in revenues from manufacturers of laptops with Windows and PC sales in the market as a whole. Secondly, sales of Microsoft devices sank by a considerable 39%.

Also not the best way to feel in the last quarter and the gaming division of the company. In general, the Xbox division was marked by a decrease in revenue. Game sales fell by 13%, hardware sales fell by the same amount, that is, primarily consoles, and revenue from services and services decreased by 12%.

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At the same time, Microsoft notes the further growth of the Game Pass service, but, as always, does not name the number of users and revenue.

 

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