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Microsoft's Q3 earnings for 2019: Xbox hardware decline, software and service growth

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Microsoft's Q3 earnings for 2019: Xbox hardware decline, software and service growth
& nbsp; & nbsp; & nbsp; & nbsp; & nbsp; & nbsp; & nbsp; Microsoft recently released its third quarter results for fiscal year 2019. Overall, Microsoft's revenue in the quarter was $30.6 billion, up 14% year-on-year; operating profit was $10.3 billion, up 25% year-on-year; net profit was $8.8 billion, up 19% year-on-year. & nbsp; & nbsp; & nbsp; & nbsp; & nbsp; & nbsp; & nbsp; & nbsp; & nbsp; $2.363 billion in game revenue, an increase of 5%. Xbox hardware revenue fell 33% due to the decline in host sales. On the other hand, revenue from Xbox software and services grew by 12%, thanks to the growing popularity of third-party games and subscription services, which compensated for the decline in hardware revenue. Xbox Live monthly active users grew 7% year-on-year to 63..
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