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GamesRadar
GamesRadar
Technology
Dustin Bailey

Xbox hardware revenue down 30% compared to last year

Xbox Series X/S

Microsoft has announced its latest financial results, and the report indicates a big downturn in Xbox hardware revenue - though that downturn has been partially offset by growth across the rest of the Xbox brand.

"Xbox hardware revenue declined 30% on a prior year comparable that benefited from an increased console supply," Microsoft says in its earnings slides. This report covers the three months from January 1 through March 31, 2023, and compares against numbers for the same period in 2022.

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