Things aren't looking good for Microsoft's Xbox One. After what was admittedly a very strong debut, sales of the console have slowed to a crawl. Last month, according to research firm NPD, rival Sony's PlayStation 4 outsold Microsoft's console in the U.S. by a ratio of 2 to 1.
Is the runaway success of the PlayStation 4 simply overshadowing Microsoft's latest console, or is the Xbox One not doing as well as Redmond expected? The latter is looking increasingly likely, as retailers such as Target, Wal-Mart, and GameStop have begun to offer heavy incentives on the Microsoft console.
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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.
"Despite some early successes for Xbox games on rival platforms, Xbox hardware is down by a massive 31 percent this quarter."
"Without Activision Blizzard, Microsoft’s overall gaming revenue would have actually declined this quarter."
"Xbox content and services would have only been up a single percent without Activision Blizzard..."
"It looks like next quarter is going to be a similar story for gaming at Microsoft, too."
That is crazy... so A/B/K is carrying the whole Xbox gaming.
Oh and Microsoft will be fine. Windows, Office and Cloud are growing with each pc purchase.
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" -
my gamestop has a huge sign in the window (litterally almost covering the whole front window) "we have xbox ones in stock!". yeah, no ****... just make sure you have a PlayStation 4 for me when i decide to buy one, that is all im concerned about.
MS better pray titanfall is a hit or i think theyll be riding a very rough patch untill Halo5.
Damn Damn this kind of pathetic we all ready knew!
So selling twice as fast as the 360 is selling poorly? Come on, fanboys just stop...stop...it's old and pathetic...stop being so negative. I know not all areas are the same, but in my area it's the exact opposite, it's hard to find XB1s and easy to find ps4s...in fact the costcos next to my house have NO XB1's yet pallets of PS4s...and all the gamestores next to me have few Xb1s at a time and 10-15 PS4s...this is clearly an opinion piece trying to be passed off as news.