Xbox console sales are down as services take over
While Xbox continues to grow its software and content business thanks to the Activision Blizzard acquisition, the hardware side isn’t doing quite as well. That’s according to Microsoft’s fourth-quarter financial report released Tuesday, which revealed that Xbox’s hardware revenue dropped by 42% compared to this time last year. It didn’t reveal exact numbers, but hardware was down 13% in its fourth-quarter 2023 financials compared to the previous year.