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TL;DR: Microsoft has clarified reports about Xbox’s financial performance, highlighting record revenues of $21.52 billion in FY24, with Activision contributing $7.42 billion.
Microsoft has responded to recent reports from The Information regarding the Xbox business.
Days ago, The Information posted up a paywalled article discussing the state of the Xbox business. The picture seems dire. Janus Henderson Investors portfolio manager Denny Fish says that Activision “has been disappointing” revenue-wise, and another analysts believes that the majority of the video games market “isn’t interested” in an Game Pass-like subscription model.
The reports have since been clarified by Microsoft, and our own data sets based on publicly-released financial info also reinforce some…more
Source www.tweaktown.com
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