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View Full Version : Microsoft hardware revenue dips 48% YOY for fourth quarter



wraggster
July 19th, 2019, 15:15
Microsoft closed out its fiscal year with year-over-year increases in revenue and income overall, though its gaming segment is beginning to feel the effects of the end of the console generation.
For Q4, Microsoft reported revenue of $33.7 billion, up 12% year-over-year, and net income up 49% year-over-year to $13.2 billion. Operating income was up 20% to $12.4 billion.
The More Personal Computing segment, which includes Gaming, saw revenue up 4% year-over-year to $11.3 billion, though gaming revenue dropped 10% to $2 billion. Xbox software and services revenue was down 3%, but the big highlight for this segment was that Xbox hardware revenue declined 48% year-over-year due to a decrease in console sales volume.

https://www.gamesindustry.biz/articles/2019-07-18-microsoft-hardware-revenue-dips-48-percent-in-q4-2018-19