Gizmo_Duck
blathering blatherskite!
Reports from their quarterly results came in. Their hardware has been crashing multiple quarters now, like end of generation numbers thats you only see after a new console gets launched.
They had a 31% decline in hardware revenue last quarter also.
The CFO also said that they are trying to transition to be more of a games a subscription Service business.
They also expect more declines this current quarter.
Mind you, they had their highest drop in hardware sales in the June where they had “their best showcase ever”, what would it take to save their hardware business? The only thing generating revenue for the gaming division at the moment is ABK. Otherwise they are in the red on all other gaming segments
Xbox FY Q4 HW revenue YoY change:
FY21: +172%
FY22: -11%
FY23: -13%
FY24: -42%
They had a 31% decline in hardware revenue last quarter also.
The CFO also said that they are trying to transition to be more of a games a subscription Service business.
They also expect more declines this current quarter.
Mind you, they had their highest drop in hardware sales in the June where they had “their best showcase ever”, what would it take to save their hardware business? The only thing generating revenue for the gaming division at the moment is ABK. Otherwise they are in the red on all other gaming segments
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