
Microsoft has announced its Q4 revenue figures for the financial year 2023, and Xbox hardware sales are down 13% year-on-year compared to the same three-month period. This follows a Q3 report back in April that showed hardware sales being down 30% compared to the first three-quarters of FY22.
Overall, Microsoft's experienced an 8% rise in total revenue, with a 1% increase coming from its overall gaming profits, which will include Game Pass subscriptions and software sales. In fact, Xbox Series X games and services grew by 5%.