Microsoft reported a huge jump in profits last quarter, but not in its gaming division. Its fourth-quarter earnings report showed a 10-percent drop in content and services year-over-year, followed by a 13 percent drop in Xbox hardware. “XBOX revenue decreased $1.7 billion or 7 percent driven by declines in XBOX content and services and XBOX hardware,” Microsoft reported for the entire fiscal year. “XBOX content and services revenue decreased 5 percent on a prior year comparable that benefited from strong first-party content performance, offset in part by growth in XBOX Game Pass. XBOX hardware revenue decreased 29 percent driven by lower volume of consoles sold.”