I doubt anyone over at the Xbox division is patting themselves on the back after seeing Microsoft’s financial reports. According to the reports, quarterly revenue from the Xbox division has fallen to $306 million, something that Microsoft blames on the combination of less sales and the console’s price drop. Not exactly a good way to start the year, especially considering how well the PlayStation 4 has been doing.
Microsoft has released some sales figures for its Xbox console line that it would most likely like to see turned around. Compared to the first three months of 2014, the consoles’ revenue has shrunk 24 percent in the same time frame in 2015. In these three months, the company only sold 1.6 million Xbox One and Xbox 360 console units, a figure lower than the 2 million it sold last year. Revenue also dropped to $306 million, which Microsoft attributes to a “decline in console volume and lower prices of Xbox One consoles compared to the prior year.” The Xbox One was dropped to $349.99 after Microsoft took out mandatory Kinect support and announced a holiday sale that has seemed to stick. Similarly, over the first nine months of Microsoft’s fiscal year, Xbox revenue in total was also down $471 million despite selling a similar number of Xbox consoles, 10.7 million in 2015 compared to 10.6 million in 2014.