Microsoft (MSFT) says Xbox content and services revenue grew 61% in Q1 FY2025
Microsoft claims the Activision Blizzard acquisition played a major part in its content and services revenue increase.
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Microsoft claims the Activision Blizzard acquisition played a major part in its content and services revenue increase.
Microsoft's first quarter of the fiscal year included considerable spending on dividends and buybacks.
Microsoft credits its cloud services for most of its quarterly earnings figure.
Here's how you can listen to Microsoft leadership discuss the results of its latest financial quarter.
Activision Blizzard accounted for 58% out of the 61% of Xbox's revenue growth this quarter.
Notably, Microsoft didn't spend $8.4 billion on keeping studios like Tango Gameworks and Arkane Austin open.
Microsoft shares took a dive following close misses on EPS whisper expectations.
CEO Satya Nadella and other Microsoft execs will discuss the company's final quarter of its fiscal year 2024.
Microsoft is also updating the various tiers and there is a new 'Standard' option not offering day one releases.
Following the close of markets today, Nvidia officially passed Microsoft in market capitalization to grab the number one spot.