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Microsoft quarterly gaming revenue up 49% following Activision purchase
Microsoft has shared its Q2 2024 financial results, reporting significant revenue gains across its gaming division - in…
Microsoft has shared its Q2 2024 financial results, reporting significant revenue gains across its gaming division - including a massive 61 percent increase in Xbox content and services revenue - following its$69bn acquisition of Activision Blizzard. Unsurprisingly, Microsoft's Activision Blizzard acquisition was a key driver of its Q2 growth, with the deal contributing to just over $2bn in revenue. At the time, Xbox CEO Phil Spencer said the cuts - which equate to around eight percent of Microsoft's total gaming workforce - were a "painful decision".
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