After Microsoft picked up Mojang officially for $2.5 billion last year, there were certainly quarters who were wondering whether Microsoft made a mistake in picking up the company for that huge amount of cash. Well, it did look like a rather strange decision, actually, taking into consideration how Mojang can be deemed to be a “one game company” by most. Well, Microsoft’s most recent financial results have shown the wisdom in the company’s acquisition of Mojang, where the former has already begun to reap some results from the latter.
A part of the software giant’s financial results from the second quarter of its 2015 fiscal year showed that first-party video game revenue increased by 79%, managing to hit $171 million over the similar period in the previous year. Microsoft claims that this increase is “mainly due to sales of Minecraft following the acquisition of Mojang” as well as the launches of “Halo: The Master Chief Collection” and “Forza Horizon 2.”
Microsoft continues to maintain a bullish stance on the acquisition of Mojang right from the get go, touting that they expect to break even the acquisition in 2015 alone – if one were to base it on standard accounting principles, of course. Not too shabby an investment after all, right?
Filed in . Read more about Microsoft and Minecraft. Source: neowin.net