Microsoft’s acquisition of Activision Blizzard has contributed to a boost in gaming revenue, but Xbox console sales have taken another massive hit.
In its latest earnings report, Microsoft stated gaming revenue has increased by $1.8bn, or 51 percent year-on-year, while Xbox content and services revenue specifically increased by 62 percent. Microsoft admits this is due to the net impact from the acquisition of Activision Blizzard.
Hardware revenue, however, has decreased by 31 percent year-on-year due to poor sales of Xbox consoles. Even the release of major exclusive Starfield last year couldn’t improve hardware sales.
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