Issue 1

Microsoft (MSFT)

Microsoft's video and mobile gaming business is part of Microsoft Gaming, which was established in 2022. Microsoft Gaming's other development and publishing labels include: Xbox Game Studios, Bethesda Softworks, and Activision.

MSFT stock chart by TradingView

Price at a glance:

Industry News:

๏ Video game revenue is projected to reach $385 billion in 2023, with year-on-year growth of 7.9% through 2027.

๏ Microsoft unveils all-digital Xbox consoles: Microsoft also announced a Doom title and plans to double down on Game Pass with a Call of Duty title.

๏ Tencent finds a new hit in the mobile game Dungeon and Fighter.

๏ The gaming industry is highly consolidated: There were 121 mergers and acquisitions within the industry in 2023.

๏ Apple’s newest iPhone uses a new cooling architecture that lets you run faster, highly intense gameplay.

Business Assets:

๏ Xbox: Microsoft's Xbox video game consoles and services, including the Xbox Series X and S

๏ Xbox Game Pass: A subscription streaming service

๏ Xbox Cloud Gaming: A streaming service

๏ Mobile game store: A web-based store that will compete with Apple's App Store and Google's Play Store

๏ Activision Blizzard: A company that Microsoft acquired in 2023 for $68.7 billion, giving Microsoft access to mobile games like Candy Crush and Call of Duty

๏ King: A mobile game studio owned by Activision Blizzard

Company Information:

Microsoft was founded in 1975 by Bill Gates and Paul Allen
• Headquarters: Redmond, WA
• Employees: 221,000
• 2023 Revenue: $254 billion (+16.4%)
• 2023 Earnings: $88.1 billion (+21.7%)
• P/E: 33.7x