Xbox hardware sales fall 14% as Asha Sharma cites console supply constraints

Xbox revenue declined 2% year on year and hardware sales dropped 14%, driven by a lower volume of consoles sold. Xbox leader Asha Sharma said demand exceeds available supply and that Microsoft is expanding its refurbishment program to get more consoles to players.

• Xbox revenue fell 2% and hardware sales dropped 14% year on year
• Declines came from third-party content and Game Pass, partly offset by first-party growth
• Sharma says demand exceeds console supply, which remains constrained
• Minecraft had a record quarter and World of Warcraft its largest beta ever