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Xbox CFO Says Xbox Console Audience Isn’t “Growing That Fast”; MS Wants to Drive High-Margin Sales on PlayStation & Nintendo

NewsTech

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microsoft activision blizzard king xbox cfo tim stuart xbox growth

Microsoft has once again reiterated that the acquisition of Activision-Blizzard-King was mostly about securing a foothold in the mobile market. The highly-debuted megadeal between Microsoft and Activision-Blizzard-King was finally completed last month. After having announced the merger in January of 2022, the deal became a rather long journey with plenty of discussions, regulator blockings, court hearings, and whatnot. While many have argued that the purchase was about obtaining IP, Xbox head Phil Spencer has also said that the main reason for the deal was about mobile gaming. Yesterday, at the Wells Fargo TMT Summit Conference, Xbox Chief Financial Officer Tim […]

Read full article at https://wccftech.com/xbox-cfo-says-xbox-console-audience-isnt-growing-that-fast-ms-wants-to-drive-high-margin-sales-on-playstation-nintendo/

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