In a surprising turn of events, Xbox hardware revenue has taken a hit, decreasing by a staggering 42% compared to last year. However, all is not lost for the gaming giant, as overall gaming revenue for FY24 Q4 is up by an impressive 44%, thanks in large part to the recent acquisition of Activision Blizzard.
Microsoft’s bold move to acquire Activision seems to be paying off, as reports indicate that Xbox’s revenue has surged by 61% in Q4 FY24. This strategic move has led to a significant boost in content sales, showcasing the power of combining forces in the gaming industry.
Despite these positive outcomes, some skeptics have pointed out that Xbox is facing difficulties in selling consoles. However, with such strong revenue growth and the impact of the Activision acquisition still being felt, it’s clear that Xbox is far from out of the game. Stay tuned as we continue to monitor the exciting developments in the gaming world.
