Microsoft Earnings Call - FY23Q3 | 4% decline for MS Gaming, Xbox HW down 30%

[Cool hand luke]

-Gaming Revenue down 4%
- Xbox content and services up 3% due to growth in GP
- Xbox HW down 30%, citing supply constraints



Sorry Mods, title should say Q3, and tbh just Xbox/gaming. Microsoft overall has taken a bit of a tumble even with revenue and profit up in key areas:

 

[Bryank75]

Hardware down 30%..... that console business doesn't look so good for them!

Subs must be growing on PC.

This is why I say PC is a threat to PS. They need to stay away from porting.

 

[iAMJeffy]

Oof. Need to get those consoles out but 30% yikes

 

[Nhomnhom]

Lovely.

If it dies, it dies.

 

[Satoru]

- Xbox HW down 30%, citing supply constraints

A console readily available everywhere is supply constrained.

 

[ghostz]

Hardware down 30%..... that console business doesn't look so good for them!

Subs must be growing on PC.

This is why I say PC is a threat to PS. They need to stay away from porting.

It literally says due to supply constraints. SERIES X is still hard to get.

 

[Johnic]

The magical "supply issues" strike again. How long will they keep using that excuse? It's 2023.

 

[Bryank75]

Guys, do us a favor..... if you have a twitter, get the link to this thread out to everyone you can.

 

[ghostz]

A console readily available everywhere is supply constrained.

Series S is, but no one wants that. Series X is sold out at my local Best Buy, Walmart, target, and GameStop unless you buy a bundle.

 

[Johnic]

Lovely.

If dies, it dies.

 

[ghostz]

 

[Gods&Monsters]

30% drop LMAO

Supply constraints when they're all rotting on store shelves.

 

[ghostz]

30% drop LMAO

Supply constraints when they're all rotting on store shelves.

Show me where I can get a series x in a store?

 

[Cool hand luke]

Guys, do us a favor..... if you have a twitter, get the link to this thread out to everyone you can.

*Sweats* sorry can I please ask you to fix the title first? Maybe "Xbox Q3 Earnings"

I screwed up the quarter and the focus is clearly Xbox. Microsoft overall is making money hand over fist, driven by Azure and Office, but that's not the focus for a gaming forum:

 

[anonpuffs]

 

[Gods&Monsters]

Show me where I can get a series x in a store?

Buy it online on MS store like everyone else did on PS Direct for months (and still beat Xbox with those sales only)

 

[Bryank75]

It literally says due to supply constraints. SERIES X is still hard to get.

Loads available here anyway. But this is europe.

 

[Nhomnhom]

At this 3% growth rate their content and service might be taking off.

 

[ghostz]

Buy it online on MS store like everyone else did on PS Direct for months (and still beat Xbox with those sales only)

No… you said they’re sitting on store shelves.

 

[Bryank75]

I'd like to point out that this is after Zenimax being bought, a purchase of 7.5 billion and they don't seem to have any significant growth.

If anyone but Microsoft ran a business like this, they'd be bankrupt within a year.