Microsoft Reports Fall in Xbox Sales in Latest Quarter

By   /   Apr 23, 2015
Microsoft Logo

Microsoft’s latest earnings report for the quarter ending on March 31 reveal that the company has shipped 1.6 million Xbox consoles to retailers. This figure includes both the Xbox 360 and Xbox One, and is a decline compared to the same period last year when it shipped 2 million units.

In another comparison, Microsoft moved 6.6 million Xbox consoles during the holiday season this year, compared to 7.4 million during the same quarter last year.

Revenue for the company’s Computer and Gaming Hardware division also took a hit this quarter, falling to $72 million mainly because of the lower revenue from the Xbox Platform. According to Microsoft, part of the decline was due to “unfavorable foreign currency impact of approximately 4%.”

As for the Xbox Platform itself, the revenue decreased by $306 million or 24 percent. Microsoft noted that the lower price of the Xbox One in the quarter compared to the same period a year prior further led to the decline.

Xbox Live, however, has managed to gain a further 30 percent growth, with its revenue increasing by $144 million when compared to last year. This was largely driven by an increase in Xbox Live users and revenue per user, said Microsoft.

Microsoft sold 10.7 million Xbox consoles during the first nine months of FY15, which is an increase compared with 10.6 million consoles during the same period in 2014.

Overall, Microsoft posted $21.7 billion in revenue, which is up from $20.4 billion during the same quarter last year. Profits though were down to $4.9 billion from $5.6 billion last year.

via GameSpot

Featured Videos

Hot Right Now

AMD Ryzen CPU

The AMD Ryzen CPU Hits The Right Marks, Just Needs Right Price

The AMD Ryzen CPU was demoed recently and what a demo it was. AMD showed that the upcoming AMD...

by   /   Dec 15, 2016
Death Stranding leak

New Death Stranding Leak Revealed The Name Of Norman Reedus’ Character

Hideo Kojima rocked the internet with the reveal of Death Stranding trailer at The Game Awards...

by   /   Dec 15, 2016
Video Game Remasters

Untold Stories of Video Game Remasters – the Good, Bad, and Ugly

In today’s video, we discuss something subjective – are video game remasters good or bad? And...

by   /   Sep 9, 2016
Video Game Villains

Top 10 Invincible Video Game Villains Who Just Won’t Die, No Matter What

We all are accustomed with video game villains and the story usually concludes with the fall of...

by   /   Aug 18, 2016
Panasonic 3DO

Top-10 Retro Consoles You Never Knew Existed

Video gaming has come a long way! While we are well-acquainted with the likes of Xbox Scorpio and...

by   /   Aug 17, 2016
Load More