Gaming Becomes Microsoft’s ‘Third Largest Business’ In Latest Quarter
It’s been a bit of a wild start to the year for Xbox with a Developer Direct, mass layoffs, some record-breaking milestones, and now the latest earnings report for the second quarter of the current fiscal year.
The big news on the gaming front is business is booming now that Microsoft is factoring in Activision Blizzard earnings. While we got some data earlier today revealing Xbox has had a 49% boost from this acquisition, it’s also raised gaming to new heights within Microsoft.
As highlighted by The Verge’s senior editor Tom Warren, gaming is now officially Microsoft’s “third largest business” this quarter, putting it above Windows. While Windows made $5.26 billion, gaming contributed to $7.11 billion, with the company earning $62 billion overall.
Microsoft’s top two earners are Office and its cloud services, contributing to “nearly 60 percent” of the company’s overall revenue. Microsoft CEO Satya Nadella has also chimed in on the latest quarter for its gaming division, highlighting some records and the increase in game streaming. Here’s what he had to say:
Satya Nadella: “This quarter we set all-time records for monthly active users of Xbox, PC, as well as mobile where we now have 200 million monthly active users, inclusive of Activision Blizzard King. With cloud gaming we continue to innovate to offer players more ways to experience the games they love… hours streamed increased 44 percent year over year.”
You can learn more about Microsoft’s latest quarter in the following story here on Pure Xbox:
