Microsoft Reports Mixed Q3 Results: Gaming Revenue Soars, Hardware Sales Plunge

Despite a steep decline in Xbox hardware sales, Microsoft's gaming division sees a significant revenue boost, largely driven by its Activision Blizzard acquisition.

Microsoft's gaming revenue increased by 51% year-over-year, buoyed by Activision Blizzard's strong performance.
Xbox hardware sales dropped by 31%, continuing a trend of declining console sales.
Activision Blizzard's integration into Microsoft has significantly impacted gaming revenue, with major titles like Call of Duty contributing to growth.
Microsoft's strategy shift to multiplatform gaming is paying off, with several Xbox titles ranking among the top sellers on the PlayStation Store.
Despite hardware struggles, Microsoft remains committed to the Xbox, with plans for new hardware releases and continued investment in gaming services.