Microsoft released its earnings last week, and apart from the Xbox division, everything else seems to be in check. No doubt the success of the PlayStation 4 is making life difficult for Xbox head, Phil Spencer and Microsoft overall.
The company could only manage to ship 1.6 million Xbox consoles this quarter, which includes Xbox 360 and Xbox One. It is clear that dropping the price to $349 is not enough to kick things into gear because the PlayStation 4 at $399 is still going strong.
During the same period back in 2014, Microsoft shipped 2 million consoles to retailers, and at that time the price of the device was $499. Chances are, all the main Xbox fans have gotten their console, which could be the reason for low sales. If not, then it could have a lot to do with not having any killer first-party title available.
On the matter of Microsoft's gaming division on a whole, it experiences a loss in revenue of over $72 million. The low income has a lot to with disappointing sales from the Xbox platform, and since Microsoft doesn't have a first-party title coming out soon, the same is expected for the next quarter.
