Microsoft’s Surface devices down again in Q2 earnings as Xbox picks up Activision revenue
Illustration by Alex Castro / The Verge
Microsoft just posted the second quarter of its 2024 fiscal financial results. The software maker made $62 billion in revenue and a net income of $21.9 billion during Q2. Revenue is up 18 percent, and net income has increased by 33 percent.
This is the first quarter Microsoft is reporting earnings as a $3 trillion company and also the first time the company has reported additional revenue from its Activision Blizzard acquisition. While Office and cloud revenue remain strong, devices revenue from Surface sales has continued to decline this quarter, with Windows bouncing back after a slow period for the PC market.
Photo by Amelia Holowaty Krales / The Verge
The Surface Laptop Studio 2.
Microsoft did warn that…
