The 1 percent growth in Xbox games and services was referred to by Microsoft as being "relatively unchanged" over previous quarters.
Satya Nadella also spoke about innovation being helped by companies keeping an eye on margins, since that's how they get funded.
Mike Ybarra noted in social media platforms that games tend to be long-form sources of entertainment when compared to TikTok posts.
Microsoft is reportedly planning to remove distinctions between PC Game Pass and the more expensive Ultimate tier for its next-gen Xbox.
It will reportedly offer the usual Xbox ecosystem while allowing players to access Windows and titles on other storefronts.
"We are competing more and more with everything from TikTok to movies," said the president of Xbox game content and studios.
Spencer noted that studios that want to use AI-based tools for creative works are free to do so, but there is no top-down mandate.
How does Team Ninja's latest entry in the series measure up to its greatest? Find out here, as we dive into their biggest differences.
Reports have indicated that the bill of materials for Microsoft's next-gen console is well over $999, compared to $650 for Xbox Series X.
According to a new report, Xbox's acquisitions of major gaming companies has brought in increased scrutiny from executives.
The development kits for Xbox Series X/S feature more powerful hardware than the consumer models to help with game development.
Sarah Bond also spoke about how the gaming audience has seemingly evolved beyond wanting games that might be console-exclusive.
Xbox president Sarah Bond noted that the pricing decisions were made after taking the features and hardware of the devices into account.
Speaking about the recent ROG Xbox Ally and Xbox Ally X, Sarah Bond spoke about the future of Xbox, including its next-gen console.
Microsoft's handheld gaming PCs let you download and play games across storefronts natively or stream Xbox titles through the cloud.
Xbox president Sarah Bond noted that the part of the building with next-gen Xbox is being prototyped and developed done is "top secret".
Despite rumours circulating over the weekend, retail workers said there had been no order to remove Xbox sections from stores.
The AMD Magnus APU slated to power the next-generation Xbox will also offer a fair amount of extra power over the PS6's rumoured chip.
In a social media post, Lina Khan wrote about the dangers of industry consolidation with Microsoft's acquisition of Activision Blizzard.
Following rumors of the company's console plans being "up in the air," Microsoft reiterates plans for future gaming hardware.
