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Microsoft reports Q4 gaming revenue down $259M or 7% YoY, impacted by an 11% YoY revenue drop for Xbox hardware and a 6% YoY drop for Xbox content and services

Tom Ivan / Video Games Chronicle : Tweets: @domsplaying , @domsplaying , @tomwarren , and @benjisales Tweets: Dom / @domsplaying : Microsoft FY 2022 Q4 Call: CEO Satya Nadella claims 4 million people have streamed Fortnite via Xbox Cloud Gaming. Additionally, 1 million people out of this total were “new to the ecosystem.” https://twitter.com/... Dom / @domsplaying : Microsoft FY 2022 Q4: Gaming revenue declined 7% in quarter ending June. In-line with estimate. Implies $3.45B quarterly sales from Xbox, the 2nd best Q4 ever. Content & Services was down 6%, again in-line with guidance, despite growth in XGP subs. Hardware sales dipped 11%. https://twitter.com/... Tom Warren / @tomwarren : Microsoft CEO @satyanadella comments on Xbox fiscal Q4, 2022: • Xbox market leader for next-gen consoles in NA for 3 quarters in a row • 4 million people streamed Fortnite on Xbox Cloud Gaming https://www.theverge.com/... https://twitter.com/... Benji-Sales / @benjisales : Xbox Gaming Results from Microsoft FY22 Q4 • Gaming Revenue declined 7% • Content and Services Revenue declined 6% due to lower engagement hours and monetization in 3rd and 1st party content • Xbox Hardware Revenue declined 11% • Game Pass Subscribers Continue to Grow https://twitter.com/...

Video Games Chronicle Tom Ivan

Discussion

  • @domsplaying Dom on x
    Microsoft FY 2022 Q4 Call: CEO Satya Nadella claims 4 million people have streamed Fortnite via Xbox Cloud Gaming. Additionally, 1 million people out of this total were “new to the ecosystem.” https://twitter.com/...
  • @domsplaying Dom on x
    Microsoft FY 2022 Q4: Gaming revenue declined 7% in quarter ending June. In-line with estimate. Implies $3.45B quarterly sales from Xbox, the 2nd best Q4 ever. Content & Services was down 6%, again in-line with guidance, despite growth in XGP subs. Hardware sales dipped 11%. http…
  • @tomwarren Tom Warren on x
    Microsoft CEO @satyanadella comments on Xbox fiscal Q4, 2022: • Xbox market leader for next-gen consoles in NA for 3 quarters in a row • 4 million people streamed Fortnite on Xbox Cloud Gaming https://www.theverge.com/... https://twitter.com/...
  • @benjisales Benji-Sales on x
    Xbox Gaming Results from Microsoft FY22 Q4 • Gaming Revenue declined 7% • Content and Services Revenue declined 6% due to lower engagement hours and monetization in 3rd and 1st party content • Xbox Hardware Revenue declined 11% • Game Pass Subscribers Continue to Grow https://twi…