Microsoft reported Q4 earnings: revenue hit $90B (+18%), cloud is the star, but XBOX is bleeding again 📉

Gaming revenue fell for the 4th straight quarter, down 10%, console sales −13%, content & services (incl. Game Pass) −10%. Full year: −7%, hardware −29%.

Yet XBOX head Asha Sharma stays upbeat: audience grew by 200M, money will follow. Microsoft expects growth in FY2027, Nadella promises a reset, though 1,600 more layoffs are coming.