Microsoft report: revenue of the gaming division increased by 49%, the purchase of Activision Blizzard cost $75.4 billion
Microsoft reported for the second quarter of fiscal 2024 (October-December 2023). This is the first report after the purchase of Activision Blizzard. We are talking about the results of the gaming division of the corporation.
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- The revenue of the entire division reached $7.1 billion, an increase of 49% compared to last year. First of all, Activision Blizzard should be thanked for its growth — without taking into account its indicators, the growth is only 5%.
- Activision Blizzard's revenue was $2.08 billion. How it was distributed between Activision, Blizzard Entertainment and King is not reported. The company's operating loss is $437 million.
- Revenue from sales of game content and services increased by 61% — Activision Blizzard is responsible for 55% of the growth.
- Console sales revenue increased by 3%.
- The number of monthly active users in games for consoles, PC and mobile devices has reached a record high. The MAU of mobile games alone has exceeded 200 million people.
- Xbox Cloud Gaming users spent 44% more hours playing games than last year.
- Microsoft estimated the purchase of Activision Blizzard at $75.4 billion. Previously, it was assumed that she would pay significantly less for the company — $68.7 billion.
