Microsoft's GAAP net income for 3 months of fiscal 2024 was $22.291 billion, up 27% from $17.556 billion in the prior year. Revenue increased 12.8% to $56.517 billion, up from $50.122 billion a year earlier.

Microsoft completed its acquisition of Activision Blizzard for $68.7 billion, or $95 per share. Deal would make Microsoft the world's third largest gaming company by revenue.

UK's Competition and Markets Authority has approved the acquisition of Activision Blizzard by Microsoft. To get the regulator's approval, Microsoft had to make a concession and agree that the cloud rights to all existing and released games from Activision Blizzard for the next 15 years will be transferred to Ubisoft Entertainment. Getting approval from the U...

Microsoft's GAAP net income for fiscal year 2023 was $72.361 billion, down 0.5% from $72.738 billion in the prior year. Revenue increased 6.9% to $211.92 billion from $198.27 billion a year earlier.