Microsoft has reported impressive earnings for the second quarter of the 2024 fiscal year, with a revenue of $62 billion, marking an 18 percent increase from the previous year. Profits also saw a significant rise, reaching $21.9 billion, a 33 percent increase. However, what truly stands out this quarter is the impact of the $68.7 billion acquisition of Activision Blizzard on the company, now valued at $3 trillion.
While specific numbers related to the acquisition are not disclosed, Microsoft revealed that its overall gaming revenue surged by 49 percent, with 44 points attributed to the “net impact” of the Activision deal. The More Personal Computing division, encompassing Xbox, Surface, and Windows, experienced a 19 percent increase, reaching $16.9 billion, with the Activision deal accounting for 15 points of that growth. This is a significant shift for a division that has been grappling with declining PC sales and struggling Xbox consoles. Despite a 9 percent decrease in PC device revenues for the quarter,…
2024-01-30 17:25:02
Original from www.engadget.com