Xbox hardware sales down 30% for Q3 2023 compared to last year

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Microsoft claimed that the dip was attributable to last year benefiting from “increased console supply.”

Meanwhile, gaming revenue on the whole was down 4% over last year’s third quarter. Although, interestingly, Xbox content and services revenue was up 3%, with Microsoft CEO Satya Nadella revealing that game subscription revenue reached nearly $1 billion in the quarter. The number is partly attributable to the fact that , with many feeling that shareholders have actually dodged a bullet.

Via Gamesindustry.biz.