Starfield Ignites Xbox Game Pass Success As Microsoft Charts 13% Revenue Growth
Portfolio Pulse from Franca Quarneti
Microsoft Corporation (NASDAQ:MSFT) has reported a 13% quarter-on-quarter revenue growth, largely attributed to the success of Xbox Game Pass, which saw a significant increase in subscribers following the launch of 'Starfield'. Despite a 7% decline in hardware sales, Xbox is experiencing a substantial upswing. Microsoft's acquisition of Activision Blizzard Inc (NASDAQ:ATVI) is expected to further enhance the Game Pass offerings.
October 25, 2023 | 4:46 pm
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Microsoft's acquisition of Activision Blizzard is expected to bring a substantial catalog of games to Xbox Game Pass, potentially attracting more subscribers and driving revenue growth.
Microsoft's acquisition of Activision Blizzard is expected to enhance the offerings of Xbox Game Pass by adding a substantial catalog of games. This could potentially attract more subscribers, driving revenue growth for both Microsoft and Activision Blizzard.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
POSITIVE IMPACT
Microsoft's 13% QoQ revenue growth is largely driven by the success of Xbox Game Pass. The acquisition of Activision Blizzard is expected to further enhance the Game Pass offerings.
The success of Xbox Game Pass, particularly the launch of 'Starfield', has significantly contributed to Microsoft's revenue growth. The acquisition of Activision Blizzard is expected to bring a substantial catalog of games to Xbox Game Pass, potentially attracting more subscribers and further driving revenue growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100