Connect with us

Hi, what are you looking for?

Gain That FlavourGain That Flavour

Tech News

Microsoft’s Surface and Xbox hardware revenues take a big hit in Q3

Vector collage of the Microsoft logo among arrows and lines going up and down.
Image: The Verge

Microsoft just posted the third quarter of its 2024 fiscal financial results. The software maker made $61.9 billion in revenue and a net income of $21.9 billion during Q3. Revenue is up 17 percent, and net income has increased by 20 percent.

This is the second quarter in a row that Microsoft is including its additional revenue from its Activision Blizzard acquisition that briefly pushed gaming to be Microsoft’s third-largest business. This time around, gaming is back into fourth place behind Windows thanks to stronger than expected Windows OEM revenue this quarter.

Despite a strong quarter for Microsoft with Office revenue and Microsoft Cloud revenue up 23 percent year over year, Microsoft’s overall gaming revenues are only up thanks to…

Continue reading…

You May Also Like

Editor's Pick

David J. Bier The House of Representatives impeached Department of Homeland Security (DHS) Secretary Alejandro Mayorkas, and now some senators are pressing to hold...

Politics

War between Iran and Israel would be to no one’s benefit in the region as it would likely end up in a pitched battle...

Editor's Pick

Patrick G. Eddington One point I always make when talking about national security issues, and especially those involving surveillance powers, is this: when in doubt,...

Tech News

The Dbrand Ghost Case for the iPhone 15 Pro. | Image: Dbrand Dbrand is scrapping plans to fix its anti-yellowing Ghost Case, but not...