After years of financial experts considering Microsoft a safe and stable investment, one analyst now recommends that investors jump ship as Microsoft has been too sluggish responding to attacks from Apple and Google.
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.
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" -
INDIE Live Expo, Japan’s premiere online digital showcase series , will debut never-before-seen games & content updates across more than 100 titles on May 25th.
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While that is hard to do, he just did. MS has been making missteps for a while. Now the company seems to have gotten it's footing again and this fool says sell. Changing from buy to sell. That's like starting to cheer when a band is sucking it, then starting to boo when they stop missing notes. What an idiot.
What is it he's seeing that others aren't. Windows 7 according to people who have tried it looks to be a success. People have been able to get it working on some really low spec machines. The Zune HD is something people seem to be looking forward to after MS has failed in the past with Zune. It looks like surface is being geared for the desktop. I believe that will be successful. Office 2010 looks like a nice upgrade and they will now be offering a ad-supported free version. And sales of the 360 are climbing steadily and the Entertainment and Devices division is turning a steady profit for a change. Natal looks like it will be well received when it's releases also.
So when MS seems to be looking at success on every front, this idiot says sell. And considering that MS is a company that consistently makes over 12 billion profit while others lose money, it already has a low stock price, it makes me wonder if this guy knows what he's doing.
You know what, I think he does. I don't invest in the stock market. It's a sham to me. Odd that it crashes every ten years. Always just after it gets the big push from the media. The thing is, just like with the sub-prime problem the house always makes a profit. No matter what. He gets a fee for every transaction. Plus if he gets the average person and the pension funds to sell just before the stock hits big(at a bargain since the price goes down as people dump it), his friends can pick up the stock on the cheap and make a huge profit. He's calling his family now. If you start to see others change to sell, if you play the stocks, buy MS. It's about to go through the roof.
If a company making such a huge percentage of profit on the amount of revenue it gets is suddenly a sell because of an OS that hasn't really been seen, the stock market is a fail. Then again it always has been a fail. People just don't get it yet.
'Jump ship'!!! ;-D
follow AppleInsider.Com for investment advice on your Microsoft stock.
I dont think MS or they stock holders are too worried.