{
  "id": 18385,
  "title": "Xbox revenue plunges $1.7bn, with hardware dropping 29% YoY",
  "url": "https://urgent.news/2026/07/30/xbox-revenue-plunges-1-7bn-with-hardware-dropping-29-yoy",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-07-30T08:21:34.000Z",
  "source": {
    "name": "GamesIndustry",
    "slug": "gamesindustry",
    "url": "https://www.gamesindustry.biz/xbox-revenue-plunges-17bn-with-hardware-dropping-29-yoy"
  },
  "original_language": "en",
  "account": "Microsoft reported a significant decline in Xbox revenue, falling 29% year-over-year due to reduced console sales, according to the company's latest financial results. Hardware revenue accounted for a 4% decrease, attributed to a 10% drop in Xbox content and services. Despite this downturn, Xbox revenue still grew by 7% for the full year and 10% in the fourth quarter, partially offset by growth in Game Pass subscriptions. Microsoft CEO Satya Nadella emphasized the importance of AI and empowering organizations through continuous learning loops, as part of the company's strategic goals. Overall, Microsoft's revenue grew 18% to $331.8 billion, with operating income increasing 21% to $155.2 billion and net income rising 22% to $133.7 billion. Following the financial results, the company announced layoffs affecting 4,800 roles, including 1,600 positions at Xbox, with further reductions planned throughout the fiscal year 2027.",
  "summary": "Microsoft has published its latest financial results, with Xbox revenue down 7% for the full year and 10% in the fourth quarter. Read more",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}