| chakkra said: So.. nobody here is gonna talk about the decline in revenue this quarter? You all kept telling me how their new strategy "makes sense"; well, I'm still waiting for it to start making sense. |
What are their profit margins? Because whether you like it or not, that is their focus now.
We are focused on improving the profitability of the business in order to position it for long-term growth, driven by higher-margin content and platform services.
And we're delivering on this plan. Black Ops 6 was the top-selling game on Xbox and PlayStation this quarter, and saw more players in its launch quarter than any other paid release in the franchise's history.
And we saw rave reviews of Indiana Jones and the Great Circle, which has already been played by more than 4 million people.
We also continue to see strong momentum for Xbox Cloud Gaming, with a record 140 million hours streamed this quarter.
All-up, Game Pass set a new quarterly record for revenue and grew its peak PC subscriber base by over 30% as we focus on driving fully-paid subscribers across endpoints.
Revenue down 7% due to a drop in hardware but that was projected anyway.
"Gross margin increased $1.9 billion or 15% driven by growth in Gaming, including the impact of the Activision Blizzard acquisition. Gross margin percentage increased driven by sales mix shift to higher margin businesses and improvement in Search and news advertising and Gaming"
Gaming specifically is pointed out as leading to a gross margin profit increase in "More Personal Computing" It is what it is, they will be a lot more profitable going fully multiplatform, this is the quarter where Indiana Jones and Black Ops 6 released, one is exclusive and the other is multiplatform, if Black Ops 6 went exclusive their revenue would have plummeted by a lot more than 7%.
Last edited by Ryuu96 - on 29 January 2025
