Today, Microsoft announced its financial results for the fourth quarter of fiscal year 2019 for the period from April 1 through June 30.
First, get an updated performance overview
Xbox Live monthly active users have grown from 63 million to 65 million since the last quarter. They are also very positive compared to the 57 million in the same quarter last year. The growth rate over the previous year is flattering 14%.
Gaming revenue for the quarter was $ 2.053 billion, down 10% year-over-year, while revenue from Xbox hardware declined 48%, mainly due to a decrease in the volume of consoles sold. This is obvious, considering that we are nearing the end of the Xbox One's life cycle.
Xbox software and services were down only 3% year-on-year, compared to a very strong quarter with a large third-party game. However, this was partially offset by growth in subscription revenues.
We also take a look at the performance of Microsoft as a whole. As you can see below, all relevant numbers are black.
If you want to compare, you can review the results of the previous quarter (from January) to March) released by Microsoft in April.