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A great deal of attention has been focused on Microsoft’s Game Pass subscription service. However, the recent Microsoft quarterly earnings show that the service does not appear to be doing much for Microsoft’s bottom line. Revenue from both Xbox hardware and content and services declined during the holiday 2022 season. This begs the question, does Microsoft’s game business model make sens…..
It has been announced that a remaster of the popular 1997 James Bond first-person shooter will launch January 27 for both Xbox Game Pass and Nintendo Switch Online. It was first announced back in September 2022 that the title would be coming for…..
For the second quarter of fiscal 2023 ending 12/31/22, Microsoft (NASDAQ: MSFT) saw revenue increase 2% to $52.7 billion from the previous year. Revenue in Gaming declined 13% to $4.76 billion. For the first six months of fiscal 2023, gaming revenue was down 7% to $8.4 billion.
In the second quarter, game hardware revenue declined 13% over the previous year and Xbox content and services declined 12%.
Microsoft is a large company and can be pretty limited …..