Xbox One sales have slowed to a crawl as the current gen wanes

We are at the end of a video game console generation, and you can see that in Microsoft’s quarterly earnings report. The company revealed that its gaming revenue was down 10% during Q4 of its fiscal 2019, and it points to Xbox One hardware sales for the bulk of that decline.

Microsoft’s gaming division generated $233 million less than the same period last year. The 10 percent decline came primarily from a 48% drop in revenues from hardware. Microsoft said that was due to selling fewer Xbox Ones. But it also saw a drop in revenue from games.