Microsoft financial results for the third quarter of the financial year were published – the first three months of the calendar year. For the second time, the quarterly report includes acquired Activision Blizzard and it turns out that this acquisition is responsible for all the growth of the gaming division.
Microsoft Gaming sales improved compared to last year by 51%. However, without the participation of Activision, Blizzard and King, revenue would have decreased by 4%. In the sales table by segment, Gaming returned to fourth place behind Windows, which had unexpectedly strong sales at the beginning of the year.
Likewise, Activision Blizzard also dominates this category. content and services. He installed an Xbox here growth 61%The rest of Microsoft’s gaming division posted one percent year-over-year growth. Then sales deteriorated sharply. Hardware. There was little interest in the console, which caused Sales drop by 31%.
Still, overall revenue of $5.5 billion beat Microsoft’s expectations, and Xbox posted its best-ever third quarter.
It is also worth noting that Activision Blizzard lost $350 million, which, however, is lower than in the previous quarter, and a significant amount came from the ongoing integration of the company. Therefore, this time too, not too much can be deduced from this number.
Source :Indian TV
