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Forum » Disaster for MS; Xbox hardware sales down 13%
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Thread: Disaster for MS; Xbox hardware sales down 13%

post 1687206793 07-26-2023, 02:11 AM
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Disaster for MS; Xbox hardware sales down 13%

"Microsoft shared its financial results for the FY23 Q4 period ending June 30, 2023, revealing that gaming revenue is up 1% year-over-year, or $36 million. Xbox content and services revenue was up 5%, driven by growth in third-party content and Xbox Game Pass. This offset a decline in Xbox hardware revenue, which was down 13%......."

And we're in PEAK season for current gen consoles and the Xbox sales are in decline...HOLY FCK.

Gamepass is only slowly growing on PC too.


Serious, doubt even Starfield can save Xbox now.

Better for MS to go full third party.


Edit: MS stock also down 4% in future markets
post 1687207313 07-26-2023, 02:50 AM
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oh, the humanity
++
post 1687207903 07-26-2023, 03:19 AM
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Originally Posted By TokenV⏩
oh, the humanity
oh, the cope
post 1687208373 07-26-2023, 03:47 AM
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Also...
Microsoft reports ‘second best’ Q4 and full-year for Xbox revenue

Microsoft has reported relatively strong fourth quarter and full-year (FY23) sales for its Xbox division.

For the fourth quarter ended on June 30, 2023, the company said gaming revenue increased $36 million or 1% compared to the corresponding period of the previous fiscal year.

Quarterly Xbox content and services revenue was up 5% year-over-year, driven by growth in third-party content and Xbox Game Pass, but that was offset by a 13% decline in hardware revenue due to a lower volume of consoles sold.

The quarterly gaming results fell short of the company’s previous guidance. In April, Microsoft forecasted Xbox revenue growth in the mid to high-single digits and Xbox content and services revenue growth in the low to mid-teens.

Nevertheless, according to independent industry analyst @DomsPlaying, Microsoft’s fourth quarter gaming sales totalled approximately $3.49 billion – the second highest ever for the Xbox division behind Q4 of FY21.

Full-year sales for the division of approximately $15.47 billion were also only bettered during Microsoft’s previous fiscal year.

“Using quarterly sales growth of 1% for Xbox, Microsoft’s gaming division saw $15.465B in revenue during the year ending June 2023,” he wrote.

“It was $16.23B in FY 22. Still, FY23 was its 2nd best fiscal ever.”

Microsoft CEO Satya Nadella and CFO Amy Hood are expected to provide more information on the Xbox division’s performance during an earnings call beginning at 2.30pm PT / 5.30pm ET / 10.30pm GMT on Tuesday.

The company raised the price of some Xbox Game Pass subscriptions earlier this month and will increase the price of the Xbox Series X console in August.


UPDATE - 25TH JUL 2023 / 10:53 PM

During Microsoft’s earnings call on Tuesday, CEO Satya Nadella claimed Xbox set fourth quarter records for monthly active users and Game Pass engagement.

“We set new fourth quarter highs for monthly active users driven by strength off console as well monthly active devices,” he said. “And we saw record fourth quarter engagement across Game Pass, with hours played up 22% year-over-year.”
post 1687208473 07-26-2023, 03:52 AM
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Originally Posted By mgftp⏩
Also...
you implying OP trying to show Xbox in a bad light?

++
post 1687208573 07-26-2023, 03:56 AM
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Originally Posted By TokenV⏩
you implying OP trying to show Xbox in a bad light?
"The quarterly gaming results fell short of the company’s previous guidance"

Tell me where I'm lying Xcels.


There's a reason MS stock is down. Coping won't change that fact.


And again what do you have to say about 13% decline in hardware sales? Why don't people buy an Xbox? Answer that instead of coping.
post 1687208603 07-26-2023, 03:57 AM
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Originally Posted By TokenV⏩
you implying OP trying to show Xbox in a bad light?

Just pointing out there are two ways to digest the numbers based on the headlines I was seeing this morning. There are positives and negatives within. Obviously the MS CEO spin will be the most positive take.
post 1687208873 07-26-2023, 04:05 AM
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Originally Posted By ****inator⏩
"The quarterly gaming results fell short of the company’s previous guidance"

Tell me where I'm lying Xcels.


There's a reason MS stock is down. Coping won't change that fact.


And again what do you have to say about 13% decline in hardware sales? Why don't people buy an Xbox? Answer that instead of coping.
where did I say you were lying?

also why are you always so mad when it comes to Xbox?
++
post 1687208893 07-26-2023, 04:06 AM
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Originally Posted By TokenV⏩
where did I say you were lying?

also why are you always so mad when it comes to Xbox?
Stop projecting bro, don't shoot the messenger.

Again instead of ad hominems, try to answer the question. Why don't people buy an Xbox?
post 1687209133 07-26-2023, 04:16 AM
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Originally Posted By ****inator⏩
Stop projecting bro, don't shoot the messenger.

Again instead of ad hominems, try to answer the question. Why don't people buy an Xbox?
21 million units
++
post 1687209153 07-26-2023, 04:16 AM
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Originally Posted By TokenV⏩
where did I say you were lying?

also why are you always so mad when it comes to Xbox?
I heard he once walked in on his gf fapping to pictures of Bill Gates.
post 1687209183 07-26-2023, 04:18 AM
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Originally Posted By mgftp⏩
I heard he once walked in on his gf fapping to pictures of Bill Gates.
would explain a lot really
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post 1687209843 07-26-2023, 04:45 AM
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Originally Posted By mgftp⏩
I heard he once walked in on his gf fapping to pictures of Bill Gates.
Can confirm, it was this picture:

post 1687209883 07-26-2023, 04:46 AM
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Originally Posted By TokenV⏩
21 million units
VS 39 million PS5 units.

And Xbox is already declining hard, do you think this is good for MS?
post 1687210393 07-26-2023, 05:07 AM
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Originally Posted By ****inator⏩
VS 39 million PS5 units.

And Xbox is already declining hard, do you think this is good for MS?
it's not even selling poor you retard

everyone knew Playstation 5 would outsell Series X yet you keep making it seem like this is indicative of Xbox's performance
++
post 1687210693 07-26-2023, 05:14 AM
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Originally Posted By TokenV⏩
it's not even selling poor you retard

everyone knew Playstation 5 would outsell Series X yet you keep making it seem like this is indicative of Xbox's performance
"NOT SELLING POOR"


HAHAHAHAHA!

"Xbox hardware declined 13%"

"N..n..no..not poor reeetarddd!!!"

Meanwhile in the most important period of current gen it's on a decline, how is that not poor Xcel?

post 1687210953 07-26-2023, 05:22 AM
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Hold the line

Levels
post 1687211113 07-26-2023, 05:33 AM
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Originally Posted By ****inator⏩
"NOT SELLING POOR"


HAHAHAHAHA!

"Xbox hardware declined 13%"

"N..n..no..not poor reeetarddd!!!"

Meanwhile in the most important period of current gen it's on a decline, how is that not poor Xcel?

damn brah, I guess 21 million in less than 3 years is poor then

now that I know the truth about the sales figures I'm totally unhappy with my Series X
++
post 1687211213 07-26-2023, 05:39 AM
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Originally Posted By TokenV⏩
damn brah, I guess 21 million in less than 3 years is poor then

now that I know the truth about the sales figures I'm totally unhappy with my Series X
Yes compared to the competition + it declining already so soon is VERY POOR and a disaster for Xbox.


And I'm happy you're enjoying the losing console bro, you're used to it by now I assume as an Xcel.
post 1687211403 07-26-2023, 05:45 AM
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Originally Posted By ****inator⏩
Yes compared to the competition + it declining already so soon is VERY POOR and a disaster for Xbox.


And I'm happy you're enjoying the losing console bro, you're used to it by now I assume as an Xcel.
It looks like PS5 sales also declined 15% in Q4.

What are your thoughts on that?

https://www.statista.com/statistics/...sales-quarter/

Also both consoles are getting wrecked in sales by the Nintendo Switch.
post 1687211463 07-26-2023, 05:47 AM
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Originally Posted By ****inator⏩
Yes compared to the competition + it declining already so soon is VERY POOR and a disaster for Xbox.


And I'm happy you're enjoying the losing console bro, you're used to it by now I assume as an Xcel.
I've had the most fun on "losing" consoles brah

Nintendo 64
Gamecube
Xbone

hnggggggg
Originally Posted By BronsonStorm⏩
It looks like PS5 sales also declined 15% in Q4.

What are your thoughts on that?

https://www.statista.com/statistics/...sales-quarter/
++
post 1687211733 07-26-2023, 05:55 AM
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Originally Posted By TokenV⏩
I've had the most fun on "losing" consoles brah

Nintendo 64
Gamecube
Xbone

hnggggggg
All poverty consoles compared to the competition bro.

Also:

Clock is ticking for Xbox hardware and only Microsoft is to blame for that.

- Instead of shipping consoles to consumers when there was demand, they put the hardware into their cloud infrastructure. The few consoles that were available, were often tied to Xbox All Access plans and you could not buy the console outright - at least here in the EU.

- Now the times are more difficult and Xbox raised the price when at the same time their much more succesful competitor cut the price. Now there's a 100 € price gap resulting in even less demand for Xbox hardware.

- MS completely **** the bed with their first party output, partnerships and marketing for at least a decade. There's almost no advertising and all of the big IPs are tied to PlayStation. Marvel, Star Wars, Fifa, Avatar etc.

It's not going to get better. I expect it to get much worse and I don't think Starfield or any acquisition of any multiplatform publisher is going to save the Xbox hardware division.

I'm still not convinced Starfield is going to be the success that everyone expects. I can already see the PR drama if the review scores are lower than expected.
post 1687211863 07-26-2023, 05:59 AM
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Originally Posted By BronsonStorm⏩
It looks like PS5 sales also declined 15% in Q4.

What are your thoughts on that?

https://www.statista.com/statistics/...sales-quarter/

Also both consoles are getting wrecked in sales by the Nintendo Switch.
1. PS5 is the fastest selling console...EVER. Of course that wasn't going to last lol

https://www.forbes.com/sites/paultas...es-in-history/

2. PS5 is outselling the competition 2 to 1 and selling faster than PS4 at the same time frame

3. Switch is a handheld an not comparable. Nintendo also had to kill its console branch for this result

4. COPE
post 1687232943 07-26-2023, 12:08 PM
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Imagine being such an unhinged lunatic Sony fanboy who foams at the mouth at the sight of Xbox that mgftp needs to show up and embarrass you for being such a Sony fanboy.

Man, that's gotta be the most embarrassing moment on this sub. Opie needs to find Jesus.
post 1687233213 07-26-2023, 12:15 PM
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Originally Posted By BronsonStorm⏩
It looks like PS5 sales also declined 15% in Q4.

What are your thoughts on that?

https://www.statista.com/statistics/...sales-quarter/

Also both consoles are getting wrecked in sales by the Nintendo Switch.
But but but this is (D)ifferent because because because (insert more unhinged lunatic Sony fanboy bullchit here)
post 1687234483 07-26-2023, 12:37 PM
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That Activision deal really destroyed what little dignity some people had left.
post 1687234753 07-26-2023, 12:41 PM
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Lmao, yeah Microsoft in shambles after acquiring Activision and their money printing games.

****ing lol it's literally just hardware sales, the gaming division still up thanks to gamepass

OP you are really just grasping for straws with this one
post 1687249473 07-26-2023, 04:33 PM
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Rent Free.
***Mariah Carey is my 10/10 Crew***
***Misc Dads Crew***
post 1687252103 07-26-2023, 05:34 PM
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Damn, Sonycels are losing it in this thread and Coal hasn't even showed up yet with his low IQ take.
Fk the Good Poster Crew (Lockdev, Pink, Kimm, Wasps, Expatriot, Mulloway, Luc1fer, Smallpeter, gwg, Super Hercules, Bonobo, maori-rap, Based Bagel, ezmac31, Goobaa, Godfrd and many more). You know who you are.
post 1687252743 07-26-2023, 05:43 PM
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Makes sense, consoles are a dying market.
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