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Microsoft reports Xbox’s revenue is up 61% in Q4 FY24 thanks to Activision
Microsoft reports that Xbox content and services revenue is up 61%, with growth driven largely by the newly acquired Activision Blizzard.
Microsoft today released its earnings report for the fourth quarter of the 2024 fiscal year, which included details on how Xbox is performing. This is likely not a Microsoft-only issue, as several of the recentCircanareports have shown overall hardware sales dropping by double digits. Microsoft CEO Satya Nadella said during the company’s earnings call that part of the growth was the increased visibility of Microsoft properties, citing the company’s showcase during the Summer Game Fest and the debut of the Fallout TV show on Prime.
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