Post by account_disabled on Mar 5, 2024 22:07:07 GMT -5
Microsoft 's acquisition of Activision Blizzard has begun to bear fruit, as revealed in the company's latest fiscal report. In the last quarter, which covers the months of October, November and December, Microsoft saw an impressive 49% growth in gaming revenue, reaching $7.1 billion. This increase is largely attributed to the results of Activision Blizzard, now under the Microsoft umbrella. In addition to impressive revenue growth, the company also saw a 61% increase in Xbox content and services during the same period. Even console sales experienced a modest 3% increase, compared to the same period in 2022.
Satya Nadella, CEO of Microsoft, highlighted a significant milestone reached by the Xbox division, with more than 200 million monthly active users across the company's gaming ecosystem, including Costa Rica Mobile Number List games from Activision Blizzard. This record underlines the success of Microsoft's strategy in expanding its presence in the gaming market, both on consoles and on mobile and PC platforms . Nadella also touched on future plans for Xbox, including the introduction of new first-party titles and significant updates to long-running franchises like Call of Duty , Elder Scrolls Online and Starfield . The expectation is that these new features will continue to attract millions of players each month.
Read more: Xbox disagrees with the new Apple Store rules and calls for more open platforms Microsoft confirms: Visions of Mana will not be on Xbox Game Pass Xbox will receive update with significant improvements to the interface and features For the current quarter, Microsoft predicts lower growth, around 40% in gaming revenue and between 50% and 55% in content and services for Xbox. Although hardware sales are expected to decline, the company remains optimistic about the continued potential for growth driven by innovation and the launch of new games.
Satya Nadella, CEO of Microsoft, highlighted a significant milestone reached by the Xbox division, with more than 200 million monthly active users across the company's gaming ecosystem, including Costa Rica Mobile Number List games from Activision Blizzard. This record underlines the success of Microsoft's strategy in expanding its presence in the gaming market, both on consoles and on mobile and PC platforms . Nadella also touched on future plans for Xbox, including the introduction of new first-party titles and significant updates to long-running franchises like Call of Duty , Elder Scrolls Online and Starfield . The expectation is that these new features will continue to attract millions of players each month.
Read more: Xbox disagrees with the new Apple Store rules and calls for more open platforms Microsoft confirms: Visions of Mana will not be on Xbox Game Pass Xbox will receive update with significant improvements to the interface and features For the current quarter, Microsoft predicts lower growth, around 40% in gaming revenue and between 50% and 55% in content and services for Xbox. Although hardware sales are expected to decline, the company remains optimistic about the continued potential for growth driven by innovation and the launch of new games.