By Furious Francis editor-in-chief
Gabe Newell has announced that Valve will be jumping into the console wars next year, with console built for living rooms. This machine is to directly challenge Microsoft and Sony’s next generation consoles. With Valve creating a console, there will be major repercussions throughout the industry. Microsoft, Sony, and Nintendo will all be affected one way or another. We think that Microsoft will ultimately lose the most sales for a variety of reasons. Hit the link to find out why. And Please comment on what you think.
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 part of its plans to cut 1,900 jobs, Microsoft has reportedly shut down operations at Bethesda France, letting go roughly 15 people
Bethesda France was made up of roughly 15 people... they couldn't of being doing much
Bethesda France mainly did publishing and marketing within the region
Bethesda France focused on publishing and marketing in the region. And 15 people lost their jobs as part of the closure.
I wonder if this is part of Microsoft's strategy to abandoned physical media or possibly gamepass advertising makes their roles redundant you don't need to market a game as hard when the majority of players get the game as part of a sub which already promoted upcoming games
Tbh Microsoft I think Bethesda being 3rd party same with Activision would probably more competitive than thus scenario imo
The recently purchased Activision French offices might take over all the licensing and marketing for Microsoft in France from now on.
Hanzala from eXputer: "The cruel hammer of Nintendo has fallen. Farewell, 3DS and Wii U, you surely brightened my life and many others; you won't be forgotten."
Good points but they will only matter if the steambox sells well
It really depends on what the steam box is. There just isn't enough information to really say if it will do well or not/ will cut user base from X. I am slightly worried what market this system is really targeting. The fact parts can be upgraded is actually a dissadvantage to the average consumer and is really only an advantage to the more gaming obsessed crowd (i.e N4G users). So its appealing to a niche market who go on websties like this but do not own their own rig (btw i am part of that market). More information is needed (digital only......) but at the moment I am confused what market (if any) the system really fits into.
The SteamBox will Severely cut EVERYONE'S Next Generation Console and game Sales.
This is Valve we are talking about people, Valve!
Ill still be picking up a PS4 and NewXbox though, Valave can bring all the Thunder they want, I still want to play Uncharted, God of War, LBP3, Halo, Forza, Crackdown etc etc.
I want to play Half Life 3 as well though, so it might be Ninty who get squeezed out. For me anyway.
its funny how neither Microsoft or Sony will admit anything about their new consoles. its almost irritating because they think the over-saturated gaming market is just waiting to buy these next gen systems. when in reality if your buying an xbox360 or ps3 in 2012 your either broke or not an avid gamer, so for microsoft and sony to assume they will get sales next gen like they did with the ps3 and xbox360 is a joke. people who bought a ps3 or 360 in 2012 for black friday most likely are either replacing a current faulty console or buying their first this genertion, these people will wait another decade to buy the xbox720 and Ps4.
not to mention since the current gen started many wii gamers and casuals are now enticed into buying tablet, phone or other handheld portable gaming devices, these werent around back in '05/'06 to cut into gaming sales like they are in 2013. and now you have ouya and steambox entering the market, plus more triple AAA free to play titles on pc. these are all things that will certainly eat into the gaming customer base that microsoft and sony think they are going to recapture with these new consoles like they did when the xbox360 nd ps3 came out in '05 and '06.
they better release info on the new consoles soon or they really will be in for a surprise come launch when there are still new next gen consoles sitting in stores like the wii u when it released. nintendo is already learning lightening doesnt strike twice. back in '05 there werent wii's left over after black friday, in 2012 there are certainly many wii u's left over. this is an indication these console companies like microsoft and sony need to stop with the secrecy because us hardcore gamers already know they have these new consoles and we will buy them on launch, i hope they dont assume everyone else is as noligable and eager as we are.
Pretty sure it won't effect the current console manufacturers that badly, but it will be interesting to see if we have a 'console' that's not heavily locked down. Basically a PC with the user end experience of a console.