Publisher THQ Nordic and developer Black Forest Games have announced Teenage Mutant Ninja Turtles: The Last Ronin for PlayStation 5, Xbox Series, and PC.
Xbox Q4 revenues flat as hardware drops 13%
26.07.2023 - 08:57 / gamesindustry.biz
Xbox revenues remained relatively flat for the final quarter of Microsoft's financial year, showing a 1% increase for the three months ended June 30.
Microsoft's Q4 results show the company's total revenue was up 8% year-on-year to $56.2 billion, although the More Personal Computing segment (which includes Xbox) saw a 4% decline, dipping to $13.9 billion.
Here's what you need to know:
For three months ending June 30, 2023
For fiscal year ending June 30, 2023
Microsoft reported the 1% increase in its total gaming revenue was lower than expected, with CEO Satya Nadella attributing this to "weakness in first-party and third-party content performance" during an earnings call.
Xbox content and services revenue fared better, growing by 5% thanks to third-party content sales and Xbox Game Pass.
Microsoft reported that this was a record Q4 in terms of monthly active users for Xbox, as well as a record Q4 for Game Pass, where hours played rose by 22%.
However, Xbox console sales enjoyed less success with hardware revenue falling by 13% year-on-year during the three-month period.
Looking forward, Nadella expects gaming revenue growth in mid-single digits, with mid-to-high single digit growth for content and services.
The More Personal Computing segment was actually the lowest revenue generator for Microsoft, outperformed by Productivity and Business Processes ($18.3 billion, up 10% year-on-year) and Intelligent Cloud ($24 billion, up 15%).
Sign up for the GI Daily here to get the biggest news straight to your inbox
The website gametalkz.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Top Authors
Popular Topics
gematsu.com
11.08.2023 / 19:49
South Park: Snow Day! announced for PS5, Xbox Series, Switch, and PC
Publisher THQ Nordic and developer Question have announced South Park: Snow Day! for PlayStation 5, Xbox Series, Switch, and PC. It will launch in 2024.
gematsu.com
11.08.2023 / 19:21
Titan Quest II announced for PS5, Xbox Series, and PC
Publisher THQ Nordic and developer Grimlore Games have announced Titan Quest II for PlayStation 5, Xbox Series, and PC (Steam). It will feature single-player, cooperative multiplayer, and player-versus-player online multiplayer modes. A release date was not announced.
gamingbolt.com
08.08.2023 / 16:29
Microsoft Slashes Xbox Game Pass Ultimate and PC Game Pass’ $1 Trial Period from 1 Month to 14 Days
Microsoft has seemingly gone back and forth on whether or not it wants to keep Xbox Game Pass Ultimate and PC Game Pass’ $1 introductory deal around, having discontinued it in March before reintroducing it in July. Now, the company has instituted another change, and it’s not likely to prove popular among users.
gamingbolt.com
07.08.2023 / 13:57
Microsoft is “Looking into” a Discless Xbox Series X Model, Plans for “Other” Hardware in 2025 – Rumour
There’s no shortage of rumours going around right now about upcoming hardware releases, from Nintendo’s next-gen console to a PS5 model with a detachable disc drive to even a PS5 Pro. Unsurprisingly, it seems Xbox has joined the fray on that front as well.
pcmag.com
06.08.2023 / 19:41
X Delays Ad-Revenue Payouts For Blue Subscribers
Twitter Blue subscribers that are hoping to monetize their posts on the platform are finding that the platform might not be quite the money maker that they thought.
gamespot.com
02.08.2023 / 15:59
Baldur's Gate 3 Is Getting Twitch Drops This Week
Players can earn free loot to celebrate Baldur's Gate 3 leaving early access.
tech.hindustantimes.com
02.08.2023 / 12:37
Xbox Game Pass to get new games soon; Limbo, Everspace 2, Celeste, and more
Microsoft-owned Xbox offers gaming subscription services that players can take advantage of. It allows players to play online multiplayer with their friends as well as people around the world, Moreover, the gaming subscription service, called Xbox Game Pass features a vast library of games that players can play without having to purchase each one separately, along with day one access to new games. Xbox's most popular subscription is Xbox Game Pass Ultimate which offers a catalog of more than 400 Xbox One, Xbox 360, and original Xbox games as well as access to day-one releases.
gamingbolt.com
02.08.2023 / 09:49
Starfield Supports Xbox Play Anywhere, per Xbox Store Listing
Bethesda Game Studios’ Starfield is out in roughly a month, with The Settled Systems animated anthology offering a look at all the different possibilities in the universe. However, the developer still has some details to reveal regarding its features.
techradar.com
02.08.2023 / 09:29
This new Xbox Series X controller is seriously cool
Microsoft has officially showcased the Stormcloud Vapor Xbox Series X controller as the latest new design for the tried-and-true gamepad. Pre-orders are now available.
techradar.com
01.08.2023 / 13:21
This Xbox Series X price drop of $50 takes it to a lowest ever price and best deal yet
Dell is currently selling the Xbox Series X for its lowest-ever price for a limited time only.
pcmag.com
01.08.2023 / 11:13
Need to Repair an Xbox Controller? Microsoft Will Sell You the Parts
Microsoft is expanding its self-repair program to include Xbox controllers.