Xbox hardware sales down over a quarter, Microsoft confirms

The company has released its quarterly earnings report, showing a significant decrease in Xbox hardware sales.
Despite some clear increases in gaming revenue, hardware sales have fallen 26 percent across Xbox One and Xbox 360.
You can check out the full list of statistics below:
- Gaming revenue has risen 4%
- Xbox Live revenue has risen 22%
- Video games revenue has risen 9%
- Hardware revenue has fallen 26%
Microsoft attributes the decrease in hardware sales to the age of Xbox 360 and the lack of price drops for Xbox One, which sits well behind the total sales of PS4.
No official sales figures were revealed, but It was recently rumoured that Xbox One had sold a total of 18 million units, according to CEO of eSports company Gfinity.
In comparison, Sony has sold a total of 35.9 million PS4 consoles as of December 2015.
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The report also reveals a steady growth in Xbox Live subscribers, with the service now boasting over 46 million concurrent users worldwide.
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Earlier this week, Microsoft announced it would discontinue the Xbox 360 in 2016.