
AAA gaming has been having a rough go of it the last few years. Microsoft's latest fiscal reports revealed a whopping $623 million drop in gaming revenue, compared to the same fiscal quarter last year.
The figure is bad enough on its own, but it gets worse when you realize that it represents a 9% year-on-year drop. Microsoft attributes the financial hit to "declines in Xbox hardware and Xbox content and services", letting on that Xbox consoles, games, and Game Pass sold 32% less than the same quarter a year ago.