Microsoft Financials: Xbox Gets Major Activision Boost [Jul 30, 2024, 8:20 pm ET] – Share – Viewing Comments
Microsoft's FY24 Q4 Results are now public, showing the software giant
racked up $64.7 billion for the quarter. This set of business highlights show
that the Activision acquisition provided an extraordinary boost to the Xbox
bottom line:
Revenue in More Personal Computing was $15.9 billion and increased 14% (up 15% in constant currency), with the following business highlights:
- Windows revenue increased 7% (up 8% in constant currency) with Windows OEM revenue growth of 4% and Windows Commercial products and cloud services revenue growth of 11% (up 12% in constant currency)
- Devices revenue decreased 11% (down 9% in constant currency)
- Xbox content and services revenue increased 61% driven by 58 points of net impact from the Activision acquisition
- Search and news advertising revenue excluding traffic acquisition costs increased 19%
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Their profit margin is borderline obscene. They raked in a net income of $22bn on those $64.7bn revenue. That makes it a ~30% NET profit margin. Most companies can only remotely dream of such figures.
-=Threadcrappeur Extraordinaire=-
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