Gaming revenues, however, was a major disappointment for the company, falling 10 percent largely due to a slump in Xbox sales as gamers await thenext generation of gaming consoles, expected to arrive next year. Overall, Xbox hardware revenues declined 48 percent, while software and services revenue from third-party titles declined 3 percent.
Interestingly, though, Microsoft’s Xbox Live service drew millions of new users across all available platforms, helping the company offset some of the revenue losses from the declining hardware and software sales. According to Microsoft, Xbox Live active users grew to 65 million in the quarter, thanks largely to the wide range of gamers across various Xbox One consoles, Windows 10 PCs, Android smartphones and iOS devices.
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