Activision Blizzard boosts Microsoft earnings, but Xbox console sales plummet

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Microsoft's acquisition of Activision Blizzard has contributed to a boost in gaming revenue, but Xbox console sales have taken another massive hit.

Hardware revenue, however, has decreased by 31 percent year-on-year due to poor sales of Xbox consoles. Even the release of major exclusiveabout the"lack of growth" in the industry, which was a key reason for the mass layoffs at the company earlier this year.

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