Microsoft's latest quarterly financial results are in, and they do not paint a pretty picture for how the company's gaming division is doing. A massive 32% drop in Xbox revenue is joined by a 5% drop in Xbox content and services revenue, and overall, the company has seen a 9% drop in gaming revenue. This all adds up to its overarching More Personal Computing division seeing a 3% drop in revenue, despite positive news on the PC and Windows fronts. As you might expect, Microsoft isn't struggling elsewhere, with overall revenue up 17% and a hefty 26% increase in revenue for its cloud computing division. Microsoft reports that its Windows OEM and Devices division actually saw a 1% rise in revenue year-on-year.