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.
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 level. 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.
