In its Q4 fiscal year 2022 financial results ending June 30th 2022, Microsoft revealed that Xbox revenue has declined by six percent year-over-year.
Xbox hardware revenue was also down by 11 percent with an increase in Xbox Game Pass subscribers serving to partially offset this.
Overall revenue for Microsoft for the quarter was $51.9 billion, which is a 12 percent increase year-over-year.
Operating income was $20.5 billion, up by eight percent, and net income saw a two percent increase to $16.7 billion.
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