The company released the latest Xbox models, Series X and Series S, in 2020.
Total revenue for the gaming division dropped by 13 percent year over year.
In a presentation for analysts, the company said the drop in Xbox content and services revenue was due to the year-over-year comparison to a “strong prior year,” declines in first-party content and lower monetization of third-party content. Some of the revenue decreases were partially offset by a growing number of subscribers to the Xbox Game Pass, a subscription service that gives users access to Xbox games on consoles, PCs and mobile devices.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
3M to Cut 2,500 Manufacturing Jobs as Demand Weakens3M green up pointing triangle is cutting about 2,500 global manufacturing jobs as demand for its products rapidly softened toward the end of the year
Read more »
The Best Games on Xbox Game Pass (January 2023)Monster Hunter Rise, Persona 3 Portable, and Persona 4 Golden are now on Xbox Game Pass--and also on our list of the best games on Xbox Game Pass.
Read more »
Today I learned the Xbox can run Nintendo GameCube and Wii gamesDolphin Emulator FTW.
Read more »
New Xbox Exclusive From Bethesda Reportedly Being Revealed SoonA new Xbox exclusive from Bethesda and Tango Gameworks, the team behind The Evil Within, is [...]
Read more »
Microsoft's changes to Xbox console leave Republicans outragedMicrosoft has changed some settings on game consoles to make them more eco-friendly. Some Republicans say this means the 'woke brigade' is after your Xbox.
Read more »
Critics slam new ‘carbon aware’ Xbox console: ‘The woke brigade has come for video games’Modern Xbox consoles will soon have a new default setting that regulates the video game systems’ power usage to protect the environment.
Read more »