Microsoft FY24 Q3 Earnings
— MauroNL (@MauroNL3) April 25, 2024
• Gaming Revenue: $5.45B +51% YoY (+55% ATVI)
• Content & Services: +62% YoY (+61% ATVI)
• Xbox Hardware: -31% YoY ( ~$350m)
• Record Q3 revenue
• Trailing 12-month revenue would top $20B+ for first time
• Revenue recorded was above guidance pic.twitter.com/jrdlEYsdXq
Microsoft FY 2024 Q3:
— Dom (@DomsPlaying) April 25, 2024
Using $5.45B of quarterly gaming revenue, this makes annualized Xbox sales $20B for the 1st time.
Last quarter it was $18.13B.
Below chart assumes ATVI revenue is in Xbox Content & Services.
And shows how historical comparisons are becoming tough, hah. pic.twitter.com/ZOCJQOACEM
Gaming Forecast - Low 40s
Gaming Actual - 51%
Content and Services Forecasts - Low to Mid 50s
Content and Services Actual - 62%
Hardware - In Line With Expectations