Microsoft the financial report for the second quarter of the current financial year included for the first time those acquired in the fall Aktivizhn Blizzard. This significantly increased the gaming division’s revenues, which exceeded Windows licensing revenues for the first time. However, the new addition also required significant operating costs.
Thanks to Activision Blizzard, Microsoft has also broken records for active users on PC, Xbox consoles and mobile phones. More than 200 million players per month.
Between October and December 2023, Activision brought Blizzard into Microsoft’s coffers $2.08 billion. Gaming division won overall 7.11 billion and surpassed Windows, which accounted for 5.26 billion of the company’s revenue. They are still ahead of the game with Office and providing servers and cloud services.
Microsoft Gaming revenue increased compared to last year increased by 49% with 44% from Activision Blizzard. In the Xbox services and content category, Microsoft gained 61% and Activision Blizzard gained 55%. Xbox hardware revenue grew 3% year over year.
When factoring in operational and integration costs, Activision Blizzard ultimately caused loss of $475 million.. The entire acquisition amount then rose to $75.4 billion during an extension last year.
Based on current numbers, it’s difficult to see Activision Blizzard’s long-term impact on Microsoft’s and Xbox’s financial results, respectively. Last week, Microsoft cut operating costs through massive layoffs.
Source :Indian TV
