- Microsoft’s Xbox console sales have significantly declined by 31% in the first quarter of 2024 compared to the previous year, indicating a struggle to increase its player base.
- Comparing Xbox sales data to Sony and Nintendo reveals a downward trend in revenue, suggesting the Xbox Series S/X may have peaked in sales.
- Recent successful consoles typically experience an upswing in sales by their fourth year, but the Xbox Series S/X is an outlier with declining revenue in four of the last five quarters.
- Despite declining hardware sales, Microsoft’s total gaming revenue has increased by 51%, driven by factors like the Activision Blizzard acquisition, Game Pass growth, and software content sales.
- The future of Microsoft’s overall gaming business remains strong, even if Xbox hardware revenue continues to decline, indicating a shift away from reliance on console sales for success.
https://arstechnica.com/gaming/2024/04/putting-microsofts-cratering-xbox-console-sales-in-context/
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