Microsoft cuts Xbox Game Pass price amid Xbox revenue declines, Satya Nadella says
Gaming revenue decreased 7% ($380 million) in the quarter Xbox content and services revenue fell 5% year‑over‑year Xbox hardware revenue declined 33% year‑over‑year Asha Sharma wrote player and revenue growth "has not yet met our ambition" Satya Nadella said monthly active Xbox users and game stream
- Gaming revenue decreased 7% ($380 million) in the quarter
- Xbox content and services revenue fell 5% year‑over‑year
- Xbox hardware revenue declined 33% year‑over‑year
- Asha Sharma wrote player and revenue growth "has not yet met our ambition"
- Satya Nadella said monthly active Xbox users and game streaming hours hit new records
- Microsoft said Game Pass price changes contribute to projected low‑teens Xbox content and services revenue decline
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