Another interesting snippet from our interview with industry analyst Michael Pachter, was his prediction that Microsoft might introduce a tiered payment system to Xbox Live.
Microsoft just posted the third quarter of its 2024 fiscal financial results. The software maker made $61.9 billion in revenue and a net income of $21.9 billion during Q3. Revenue is up 17 percent, and net income has increased by 20 percent.
Xbox content + services up 62% while hardware down 31%... seems about right with the way they tout you don't need the hardware to play. People can play on their phones or smart tv or other means. I don't hardly play on my consoles directly since getting devices like the logitech g-cloud and ps portal. Which is to also say I have been playing more digital than physical because of these devices.
Too expensive hardware when others offer the same or more for less? Good work, Green Team.
As of right now, there are no monopolies in the games industry, and for the sake of the medium as a whole, they never should either.
And yet the biggest tech companies in America are essentially that. They buy up all the small comps only to kill them off and steal what they have, and if they can't buy em they bleed them to death.
They buy IPs not talent. That's why these buyouts never work and the IPs die. Right now it's too expensive to develop games - but I expect that to shift maybe as AI tools can make it easier. The best games have been indie games for awhile as big developers fuck their ips to death with "games as a service" -
Huzaifa from eXputer: "2008 was home to the likes of Call of Duty: World at War, Dead Space, GTA 4, Far Cry 2, Left 4 Dead, and many other hits, which is outright remarkable."
Just about every year in the 7th generation was great and something we most likely won't experience again.
2009 for example had Assassin's Creed 2, Batman: Arkham Asylum, Dragon Age: Origins, Uncharted 2, Halo 3: ODST, Killzone 2, Borderlands, Bayonetta, and Demon's Souls to name a few.
Oh Mike just give it up would ya!
Hey well, he had to say something to rile up the 360 owners after annoying PS3 users earlier..
Either that or he's an impartial industry analyst.. but somehow i doubt anyone is gonna buy that..
I can't imagine MS giving up all the good will they've built up with their service just to make a few extra bucks.
He could be right, he could be wrong. You never know with this one.
But people won't believe him because he's been wrong 80%+ the time.
Michael Patcher relies on the fact that if you say enough you will eventually get something right, Michael Patcher doesn't realise this only works for people who have some common sense and not a troll...