Microsoft published its FY2026 Q4 earnings report yesterday, and as expected, the Xbox business once again underperformed. Xbox hardware revenue was down 13% year over year, while Xbox content and services revenue was down 10%.
After a major “reset” that saw1600 workers laid off in early July(with 1600 more coming in the next fiscal year), and a number of studio divestments, Xbox CEO Asha Sharma has laid out the platform’s goals for FY27.
