"Xbox's FY24 Q2 Gaming Revenue Soars 49% After Activision Blizzard Acquisition"

Microsoft's FY24 Q2 financial results show a 49% year-over-year increase in gaming revenue, driven by the impact of the Activision Blizzard acquisition. Xbox content and services revenue rose by 61%, while hardware revenue increased by 3%. The growth is attributed to the integration of Activision Blizzard, with the company's gaming division experiencing significant expansion. However, this growth comes amid layoffs, particularly at Activision Blizzard, raising questions about the necessity of the workforce reductions despite the soaring numbers.