Like every year, companies have to disclose the profits generated to their investors, this to see if there are specific problems registered or if there has been exponential success. One of the companies that has already made the report is microsoftresponding positively with $51.9 billionalthough this is not from their gaming division.
It has been announced that the income generated by hardware presents a -11%, and for the content within the games it is -6%, leaving negative amounts for the corporate entity. Yes, the increase in subscriptions of GamePass It has helped them not to fall further in sales, but it is suggested that they should do something to stabilize the numbers in more divisions.
The justifications that they put before this fall are a currency exchange that demerits the dollar against other currencies, in addition to the accommodation of prices in other regions. Some delays for the production of consoles in China, the reduction of advertising expenses, meanwhile, the war of Russia caused many layoffs and therefore a lot of money in compensation for former workers.
Despite everything, the CEO of microsoft, Satya Nadella, comments that they continue to position themselves as one of the leaders in North America, regarding the sale of new generation consoles. At no time is anything commented about the delayed games, as well as the lack of a catalog that its platform has until the arrival of the next 2023.
Also, they have mentioned that the game in the cloud has helped them a lot, so for now they are still afloat.
Via: microsoft