Xbox Revenue Declines Amidst Restructuring
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Insights by Echo AI
Microsoft's Xbox division reported a 10% drop in content and services revenue, with hardware sales down 13%, according to its Q4 earnings report. The decline comes after Xbox head Asha Sharma announced a 'reset' plan, including layoffs and studio closures. Despite the setback, Sharma and Microsoft CEO Satya Nadella expressed optimism about returning to growth by the end of FY27.
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