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On Wednesday, a report from The Information claimed that Microsoft’s purchase of Activision Blizzard hasn’t resulted in the growth that the company expected with its Xbox business at this point.
The report quotes (paywalled) one analyst—portfolio manager Danny Fish—as saying “Activision has been disappointing” for the company’s overall revenue. After reaching out to Activision and Microsoft for comment, representatives from both companies not only said The Information’s report wasn’t accurate and “through omission is misrepresenting the business”, but provided context to show how the company has performed since the purchase along with the state of Microsoft gaming.
In its last four earnings reports, Microsoft has reported revenue increases regularly for…more
Source insider-gaming.com
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