Microsoft has published its latest financial results, with Xbox revenue down 7% for the full year and 10% in the fourth quarter. Growth in Game Pass partially offset annual declines, but hardware revenue dropped 29% due to reduced console sales. Xbox) revenue: $12.9 billion (down 4% year-on-year)The highlightsMicrosoft CEO Satya Nadella described the company's Q4 results as a "very strong close to what was a record fiscal year." The 4% revenue decrease in More Personal Computing was attributed to a 10% drop in Xbox content and services. For its full-year results, Microsoft posted an 18% increase in total revenue of $331.8 billion.