The Verge • 4/29/2026 – 4/30/2026

Microsoft reported a 33 percent decline in Xbox hardware revenue in its earnings report released on Wednesday. Additionally, there was a 5 percent drop in Xbox content and services revenue. Despite these declines in the consumer-focused division, Microsoft's cloud and productivity businesses are thriving, contributing to a total revenue of $82.9 billion. The company has also experienced significant executive turnover, including the retirement of Xbox chief CEO Phil Spencer.
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