Xbox Hits New User Records, As Microsoft Reports Drop In Xbox Sales And Gaming Revenue

Microsoft has released its latest earnings report for the quarter ending December 31, less than a week after it announced it would be laying off 10,000 people. The tech giant reported an overall drop in income, as well as a 13% decrease in gaming revenue.

Xbox hit a new MAU (monthly active users) record of 120 million for the latest period and Xbox Game Pass continued to grow, but that was the extent of the bright spots for Xbox during the quarter.

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Author: Eddie Makuch