Finance
Microsoft’s Gaming Revenue Suffers From $259m Decline, Report Reveals
On July 26th, 2022, Microsoft published a transparent financial report revealing all aspects of the firm’s performance through Q4 of 2022. It was a telling report, explaining how, overall, Microsoft secured a total revenue of $51.9 billion, showing a 12% increase year on year. This included an operating income total of approximately $20.5 billion (an 8% increase) and a total net income of around $16.7 billion. However, the report also revealed that Microsoft’s gaming revenue had suffered from a $259 million decline.