11 days ago | By CG Magazine
Microsoft announced its Q2 FY2023 results, along with Xbox and Games, and things don't look good.
With the release of its Q2 financial results, Microsoft has provided a glimpse into the company's financial successes, including its Xbox and gaming divisions. While the company has substantial revenue overall, there was a notable drop compared to previous years, especially when it comes to games.
Total gaming revenue was over $4,758 million, down 13% year-over-year , with Xbox content and services revenue down 12% from a strong launch last year. Lower first-party content revenue and...
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11 days ago | By VG Chartz
Microsoft has released its earnings report for the second quarter of the 2023 fiscal year, which ended up December 31, 2022.
Xbox gaming revenue declined 13 percent year-on-year from $5.44 billion to $4.76 billion.
Xbox Content & Services revenue decreased 12 percent. This was due to a "a strong prior year comparable" with a decline in first-party content and lower monetization in third-party content. This was "partially offset by growth in Xbox Game Pass subscriptions.
Xbox hardware revenue decreased 13 percent year-on-year. This was driven by "lower price and volume of consoles...
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FIFA 19 Black Friday Market Crash is well on the way, which brings the best point to buy your dream payers or do some good investments to make profits! When should you sell... Read more ...
Fans of One Piece-inspired Roblox games have been left hanging as the Pixel Piece Update One release date keeps moving further away. Developer WorldUp Studios has delayed the... Read more ...
Bloodborne was one of my favorite games of 2015, and despite still being locked to consoles , it seems to have inspired a myriad of other fans and game designers across the... Read more ...
A recent update for The Witcher 3 was supposed to improve performance on PlayStation, Xbox, and PC, but the latter is actually running worse. The Witcher 3 saw the arrival of... Read more ...
Moon Studios, the talented team behind both Ori and the Blind Forest and Ori and the Will of the Wisps, have stated that they have been hard at work on their next game. Thomas... Read more ...
A Greek video game retailer has started listing Shigeru Miyamoto's upcoming Pikmin 4 game for Nintendo Switch with a 23rd May release date. The game has been a long-time-coming... Read more ...
Wordle is still going strong after John Wardle made the title public at the end of 2021. A gift designed for his partner, the game has since become a smash hit shared all over... Read more ...
Amazon Prime's God of War TV series , like The Last of Us HBO show , will retain the video game franchise ‘s values while expanding it in such a way that those who aren't... Read more ...
Team Ninja and Koei Temco have announced that a Wo Long: Fallen Dynasty demo will release on all platforms later this month, and players will get some free DLC for completing... Read more ...
Early footage Dragon Age: Dreadwolf gameplay has leaked courtesy of an anonymous playtester. PlayStation LifeStyle has viewed the footage and while we can't guarantee it'll... Read more ...
Luminous Productions' Forspoken may have a large world to explore and an extensive campaign, but it's still very much an RPG. You earn XP to level up, collect Mana to unlock... Read more ...