NowGamer: "Sony may need to follow Nintendo's lead and cut price drastically next year if the installed base remains below five million or the platform will not be viable for publishers," senior analyst Billy Pidgeon tells NowGamer.
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" -
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.
It's already over Sony. PS vita will only get a $50 price cut. 3ds already had its price cut and already had a long lineup of games by the time it had a price cut, Vita still doesnt have many games and wont sell now until the price cut, and chances are it still wont have that many games by the time the price is cut.
I personally see Sony eventually leaving this market. They don't seem to fully understand this market and this market isn't as popular is it once was. The Vita is a greap peice of kit but clearly the hand held market isn't screaming for powerful machines. For Nintendo their best selling games for the DS were either Mario/pokemon related (sony can't reall replicate those games and they are house hold names) or a game like Nintendogs and brain training which shows what Sony need to realsing (those types of games).
"Sony May Need To Follow Nintendo's Lead"
no, they don't.
Doom Gloom topics about Sony seems to make them stronger. All the negativity against Sony, then suddenly the black friday sales were surprisingly high and all the trolls left.
sigh how pathetic. Sony wont leave the gaming market anytime soon
this would not work out at all...
like uncharted with Metroid graphics?
like God of War Mario Style?
hmmm.. Sony's exclusive titles wouldn't allow a weak powered handheld. While it works great for BigN and I love their exclusives! The exclusives are all I play on a nintendo console. While I enjoy a lot of multiplat on other consoles.