Microsoft details Xbox revenue and other data during Q4 of FY 2016

Microsoft details Xbox revenue and other data during Q4 of FY 2016

All said and done, Microsoft took a hit on gaming last quarter: a drop of 9 percent, which works out to a loss of $152 million. That was primarily due to a decline of 33 percent in Xbox hardware revenue, which the company attributed to "a decline in consoles sold and lower prices of consoles sold". The game will include video chat support, leaderboards, drop-in and out multiplayer, the ability to customize house rules, a new "theme cards" mode which offers all new twists in the card game, and of course, a pure classic mode.

Promoted as 40 percent smaller than the original Xbox One, the product boasts an IR blaster and a revamped Xbox wireless control with textured grip and Bluetooth connectivity, as reported by The Verge.

While Microsoft's overall gaming business is on the decline, the company is squeezing more from its services. Xbox Live revenue increased 4%, driven by higher volume of transactions and revenue per transaction.

Microsoft's press release for its Q4 FY2016 financial results focused on just one detail regarding its gaming efforts: "Xbox Live monthly active users grew 33% year-over-year to 49 million".

If you want to buy an Xbox this year, you can buy it.

There will also be cross-platform multiplayer, with players on Xbox One and Windows 10 PCs able to play each other.

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