Minecraft is already making lots of money for Microsoft

Thursday, 10 October 2024

Minecraft is already making lots of money for Microsoft

Added: 27.01.2015 4:10 | 3 views | 0 comments

No one would argue that Microsoft's $2.5 billion Mojang acquisition was a bad business decision, but the results so far are staggering. According to the company's second quarter fiscal report, ending December 2014, first-party video game revenues were up 79 per centmostly thanks to Minecraft. That's a $171 million increase, attributed in part to a six-year-old phenomenon. While Xbox exclusive titles Halo: The Master Chief Collection and Forza Horizon 2 also played a role, there's no question that Minecraft is already making Microsoft big money.