Microsoft Q3/FY24 Report Highlights

[Eternal_Wings]

FY24 Q3 - Press Releases - Investor Relations - Microsoft

-Revenue $61.9 Billion +17%

-Operating Income $27.6 Billion +23%

-Net Income $21.9 Billion +20%

-Cloud Revenue $35.1 Billion +23%

-Xbox Content & Services Revenue +62%

-Xbox Hardware -31%

-Gaming Revenue +51%

 

[anonpuffs]

Lmao

 

[Eternal_Wings]

Xbox Hardware down 31%

 

[thicc_girls_are_teh_best]

800K global for 3 whole months.

They will genuinely struggle to hit even 4 million for the entire calendar year at this rate, let alone 5 million. Could be worst launch-aligned for a YoY drop than OG Xbox's 3rd CY > 4th CY (~ 35%).

BTW OG Xbox sold 4.1 million in its 4th CY (2005), but at least the 360 launch partly explained that (plus MS intentionally reducing production of OG Xbox to prioritize 360). Xbox Series, tracking at this pace, would barely hit 3.2 million for the entire year.

I'd wager it does between 3.6 million - 3.8 million for the entire year, but that's still a pathetic number and still below OG Xbox when launch-aligned, let alone XBO, let alone 360.

 

[Dabaus]

No getting these guys down!

"Beating the forecast so significantly is a pretty good sign though. Though it is interesting that they got the ratio of ABK/Non-ABK pretty correct."-Lord of Cereal -Resetera

 

[Shadow2027]

hard again down 31% year over year after 30% drop last year. Without ABK’s influx of pre-existing revenue, xbox revenue also would have been negative. Speed up the third party bus, i shall wait for avowed till PS5, if its even good at all

 

[Dabaus]

 

[Nhomnhom]

When I say Xbox is dead it's not a joke.

 

[anonpuffs]

800K global for 3 whole months.

They will genuinely struggle to hit even 4 million for the entire calendar year at this rate, let alone 5 million. Could be worst launch-aligned for a YoY drop than OG Xbox's 3rd CY > 4th CY (~ 35%).

BTW OG Xbox sold 4.1 million in its 4th CY (2005), but at least the 360 launch partly explained that (plus MS intentionally reducing production of OG Xbox to prioritize 360). Xbox Series, tracking at this pace, would barely hit 3.2 million for the entire year.

I'd wager it does between 3.6 million - 3.8 million for the entire year, but that's still a pathetic number and still below OG Xbox when launch-aligned, let alone XBO, let alone 360.

Xbox just needs to

 

[Jivesh1995]

Down 31%! Wasn't the whole of 2023 down too lol

Next-gen hardware is 100% OEM

 

[Nhomnhom]

-4% total gaming revenue before factoring the growth from buying ABK.

Now let's see how much growth they are able to sustain going forward, I have no faith that ABK will help them revert their current situation.

 

[Gods&Monsters]

Absolutely pathetic sales if you don't count the fake numbers they got from Activision.

The Series is at the end-of-life stage. We would be rid of MS in gaming if not for those fucking regulators

 

[Puff]

Imagine if CMA hadn’t given up

 

[JAHGamer]

PS5 will sell more in 2 months than Xbox will for the entire 2024. This is why Sony dgaf about showing us anything.

 

[TigerFang]

22 billion net income in one quarter is absolutely INSANE, DAMN.

Also Xbox content & services up 61% is also very good for them.

 

[xollowsob]

I see revenue figures, I don't see profit figures...

 

[peter42O]

Microsoft makes a shit ton of revenue in every aspect excluding the lone one I care about - consoles. UGH and SMH.

Just thought of something...

Will the next generation Xbox console(s) that are rumored to launch in Fall 2026 be over/under the 13m units that Nintendo sold with Wii U?

 

[Eternal_Wings]

This makes me doubt that the reports of Microsoft working already on next Gen Xbox Hardware are the truth. What would be the sense for releasing another console generation when they likely won't achieve better results? Xbox console business has reached its decisive end.

 

[Shadow2027]

[

Absolutely pathetic sales if you don't count the fake numbers they got from Activision.

The Series is at the end-of-life stage. We would be rid of MS in gaming if not for those fucking regulators

Well now that ABK will be under Xbox’s model for the full year, no doubt that their prior revenue is going to fall

 

[Gediminas]

This makes me doubt that the reports of Microsoft working already on next Gen Xbox Hardware are the truth. What would be the sense for releasing another console generation when they likely won't achieve better results? Xbox console business has reached its decisive end.

it is just huge xbots cope.