Microsoft’s Q3 2024 Financials: Console Sales Declining But Gaming Revenue Soaring
Microsoft’s recent financial filings and earnings call (Q3 of 2024) revealed a concerning trend: Xbox console (X/S) sales have dropped by a staggering 31% year-on-year basis. This decline is a stark contrast to the company’s competitors, Sony and Nintendo, who have maintained a stronger foothold in the hardware market. Microsoft’s Gaming Revenue Soars Despite Console Sales Slump…