[Microsoft’s quarterly financial report is released: game revenue increased by 49% and has now become the company’s third largest business] Microsoft recently announced its latest quarterly financial report as of December 31 last year. In terms of games, thanks to the completion of the acquisition of Activision Blizzard, revenue from this business increased by 49% ($7.11 billion). This quarter is very important for Microsoft. Gaming has now become the company's third largest business, with revenue surpassing Windows' $5.26 billion. Ahead of it are Office & Cloud Services ($13.47 billion) and Server Products & Cloud Services ($23.95 billion). CEO Satya Nadella revealed: "This quarter we set an all-time record for monthly active users across Xbox, PC and mobile devices. We now have more than 200 million monthly active users, including Activision Blizzard games." Chief Financial Officer Amy Hood said: “In the next quarter, overall game revenue is expected to grow by about 40%, of which Activision Blizzard’s net impact will be 45 percentage points; Xbox content and service revenue will increase by approximately 50%, of which Activision Blizzard will account for 40%. Half; but year-over-year hardware revenue will be down."