Game News -42%: Microsoft can only report the unstoppable decline in Xbox console sales
Microsoft recently announced its figures for the last quarter, including those for gaming. There are some good ones… and some bad ones.
Rising numbers for Microsoft…
Last night, Microsoft released its results for the last fiscal quarter. Before we focus on the gaming division, note that the Redmond company recorded the following a total turnover of 64.7 billion dollars: that is colossal, yes, and above all it is an increase of 15% compared to the same quarter of 2023. Profits amount to 22 billion, 10% more than last year. Titanic revenues, led by the cloud sector, By far Microsoft’s highest compensation, accounting for almost 45% of Microsoft’s revenue.
Please also note that the 2024 financial year is now over : The company can therefore boast of having achieved a turnover of 245.1 billion dollars (+16% compared to the 2022-2023 financial year) with a net income of 88.1 billion dollars (+22%).As a reminder, the acquisition of Activision-Blizzard-King was completed for $68.7 billion.
…despite a console that is difficult to sell
And speaking of Activision-Blizzard-King, let’s take a look at Microsoft’s video game division, which is also reporting positive results: Sales increased by 44% and the takeover of the American publisher clearly has something to do with it. Therefore, to say: The Xbox Content and Services segment, which includes Xbox Game Pass revenue, is up 61%… including 58% directly tied to the Activision acquisition
As for hardware, it can hardly be said that Xbox consoles are selling like hotcakes, as sales have dropped by 42%still for this fourth quarter.
A problem that Microsoft has been responding to since Game Pass – and with it the ability to play in the cloud without needing an Xbox console – is now its main focus. The service is available almost everywhere and recently we even learned about the existence of an Xbox ad directly on the Amazon Fire TV Stick.
“If you have an Amazon Fire TV Stick, you can play Xbox today,” said Microsoft. There is no doubt that with the recent addition of Call of Duty Modern Warfare III But the arrival of Black Ops 6 in the catalog is also likely to further increase the numbers. Remember, last February we learned that Game Pass had 34 million subscribers.
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