Microsoft’s Activision Blizzard Acquisition Drives 43% Revenue Surge in Gaming Sector – Q3 Financial Highlights

The fight to acquire Activision Blizzard paid off. Microsoft can boast of very good results for the last quarter.

To say that Activision impacted Xbox’s financial results would be an understatement. Although the most expensive studio construction transaction came to almost USD 69 billion, the company can boast of another good work months.

Microsoft presented its latest financial report, which shows that revenue was $65.6 billion and increased 16% year over year. Net income also increased (11%) and amounted to $24.7 billion. Americans recorded an increase in revenue related to software and hardware using Windows (+2%). Revenue from commercial products and cloud services within Microsoft 365 increased 13%.

However, we should be very interested in the results of the games sector, which has the biggest impact on Activision Blizzard. Over the three months (the period ended September 30), the Xbox maker reported 43% year-over-year revenue growth – with “43 points of net impact coming from the acquisition of Activision . “

Content and services are also doing very well – compared to last year, Microsoft registered a 61% increase in this area, and the creators of Call of Duty are responsible for 53 net points of influence.

However, interest in consoles remains moderate. The Redmond group announced that revenue from Xbox hardware fell 29% year over year.

Satya Nadella, CEO of Microsoft, confirmed that the company recorded the highest number of monthly active users in the last quarter. Game Pass also has good results in terms of revenue and the amount that one subscriber spends on average on the service.

One year after closing on the Activision Blizzard King acquisition, we are focused on building a company focused on long-term growth driven by content and higher profit services.

This transformation is already visible in our products as we diversify how players can access our content. We set new monthly active user records this season as more players than ever are playing our games across devices and on the Xbox platform.

Game Pass also set a new Q1 record for total revenue and average revenue per subscriber, and as we look to the future, our IP across our studios has never been better .

It should be emphasized that only the next financial report can have a wide impact – then the Redmond giant will be able to present data at the premiere of Call of Duty: Black Ops 6. The first records of the shoot already, and the whole series can boast sold over 500 million copies.