Microsoft has published the report for the fourth quarter and the entire fiscal year ending on June 30, 2024. We have selected the key figures from the gaming division.
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Fourth Quarter Data
- Xbox revenue increased by 44% year over year. Without Activision Blizzard, it would have decreased by 4%.
- Activision Blizzard earned $1.68 billion for the quarter with an operating loss of $570 million.
- Quarterly revenue from Xbox gaming content and services sales increased by 61%, with Activision Blizzard accounting for 58% of the growth.
- Quarterly sales of gaming hardware fell by 42%.
Full Fiscal Year Data
- Annual revenue for Microsoft's gaming division increased by 39% compared to the previous year, reaching $21.5 billion. According to analysts, this is a record.
- Out of this amount, Activision Blizzard contributed $5.7 billion. Meanwhile, Activision Blizzard's operating losses totaled $1.36 billion, largely due to various expenses related to the deal with Microsoft. It is worth mentioning that Activision Blizzard joined the corporation only in October 2023.
- Annual revenue from Xbox gaming content and services sales increased by 50%, while without Activision Blizzard, it would have grown by only 6%.
- Revenue from gaming hardware sales fell by 13% due to a decrease in the number of consoles sold.
- Microsoft CEO Satya Nadella, during a conversation with investors, added that at the end of the fiscal year, the total number of monthly active players on all Microsoft platforms and devices exceeded 500 million.