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Xbox Content and Services Ups Q2 Revenue 32% to $7.1 Billion Following Activision Blizzard Acquisition Media Play News

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January 30, 2024

Microsoft Jan. 30 reported that its second-quarter (ended Dec. 31, 2023) “Xbox Content and Services” gaming segment revenue topped $7.1 billion, up 32% from $4.75 billion in the previous-year period. The growth was driven in large part by the $75.4 billion Activision Blizzard acquisition completed last October.

Xbox hardware revenue increased 3% driven by a sales mix shift to higher-priced consoles. Six-month gaming revenue increased nearly 32% to $11 billion from $8.4 billion in the previous-year period.

Xbox content and services revenue includes first-party content (such as Activision Blizzard) and third-party content, including games and in-game content; Xbox Game Pass and other subscriptions; Xbox Cloud Gaming; advertising; third-party disc royalties; and other cloud services.

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Erik Gruenwedel

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