Earlier quoted context omitted.
> They're spending up the wazoo on Xbox > Windows is hurting as a retail business. > License costs have been driven down by Chromebooks and resurgent Macs > That leaves Azure and Office as the big cash cows. Where are you pulling all this data from? And I don't mean coarse data from various articles, anectodal evidence or personal observations, I mean actual evidence that microsoft's revenue share is dominated by off…
> They're spending up the wazoo on Xbox 2002 - Rare - $375 million 2005 - Lionhead - ??? 2014 - Mojang - $4 billion 2014 - Gears of War - ??? 2018 - Compulsion - ??? 2018 - inXile - ??? 2018 - Obsidian - ??? 2018 - Ninja Theory - ??? 2018 - Playground - ??? 2018 - Undead Labs - ??? Sept 2020 - Zenimax / Bethesda - $7.5 billion January 2022 - Activision Blizzard - $69 billion This is just acquisitions, so it isn't exh…
These investment need not return profit in excess of the sticker price but increase the valuation of MS proportionally. If MS tries to offload Mojang it will get an impressive ROI.