Microsoft as soon as once more introduced a blowout monetary report for the second quarter of fiscal 12 months 2024, with income of US$62 billion (a rise of 18% over final 12 months) and a revenue of US$21.9 billion (a rise of 33%). However actually, essentially the most fascinating factor about this season is that we lastly get to see how Activision Blizzard’s $68.7 billion acquisition impacts the $3 trillion firm. Whereas Microsoft did not disclose particular numbers, it stated its general gaming income grew 49%, with 44 share factors coming from the “internet influence” of the Activision deal.
Microsoft’s extra private computing division, which incorporates Xbox, Floor and Home windows, has grown 19% ($16.9 billion) since final 12 months. The Activision Blizzard deal accounted for 15 share factors of that progress, the corporate stated. It is a massive change for a division that is been hit arduous by declining PC gross sales (which impacts Home windows licenses and Floor) and the struggling Xbox console. PC tools income fell 9% this quarter, whereas Xbox {hardware} gross sales grew 3%.
Xbox content material and providers income additionally elevated by 61% over final 12 months, 55% of which got here from Activision Blizzard. It will be fascinating to see if Microsoft can truly use this acquisition to assist Xbox gross sales, or at the very least spark extra curiosity in Recreation Cross subscriptions. (Sadly, we have no updates on how the service is working.)
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