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Microsoft Video Game Results Remain Disappointing
For its fourth fiscal quarter ending 6/30/2023, Microsoft reported gaming revenue was up 1% year-over-year. Xbox content and services grew 5% while Xbox hardware declined 13%.
Analysis
Microsoft’s video game performance continues to significantly underperform the industry. The poor sales for Xbox hardware is in stark contrast to record sales for Sony’s PlayStation 5. Clearly Microsoft…..
Is Microsoft Activision Blizzard Deal Dead?
The U.K. Competition and Markets Authority (CMA) has announced that it is blocking the proposed Microsoft purchase of Activision Blizzard. Does this mean the deal is dead? The answer is complex.
Summary: AKA Just Give Me the Answer
DFC gets a ton of questions on this subject so we are providing a full summary of events here. However, for the quick summary: No the deal is not dead! However, Microsoft will likely need to make further compromises to appease regulators. The questi…..
Microsoft Hardware Revenue Has Major Decline
For its third fiscal quarter ending 3/31/23, Microsoft reported that Xbox Hardware revenue was down 30% year over year. Xbox content and services were up 3%. Overall game revenue was down 4% to $3.6 billion.
Analysis
The big news this week has been the U.K. blocking Microsoft’s acquisition of Activision Blizzard. The recently released financials serve to highlight how…..
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