Xbox FY24 Q3 gaming revenue up 51% year-over-year thanks to the Activision Blizzard acquisition | Windows

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What you need to know

  • Microsoft shared its financial results for FY24 Q3, the quarter ending on March 31, 2024. 
  • Gaming revenue was up 51%, with growth coming from the addition of Activision Blizzard revenue compared to 2023. 
  • Xbox content and services revenue is up 62% year-over-year. 
  • Xbox hardware revenue is down 31% year-over-year.

The latest gaming earnings are in, with details that again factor in the biggest acquisition the gaming industry has ever seen. 

Microsoft shared its financial results for FY24 Q3 on Thursday, giving an overview of the company’s money-making businesses across numerous sectors. For Xbox, gaming revenue was up 51% year-over-year, a monumental increase that is due to the addition of Activision Blizzard compared to the same period in 2023. Xbox content and services revenue is up 62% year-over-year, while hardware revenue declined by 31%. 

Source www.windowscentral.com

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