Xbox 360 and PS3 have cost Microsoft and Sony a combined total of $8 billion, according to industry veteran Ben Cousins.
According to Cousins, Microsoft has spent some $2.996bn on Xbox 360 since it launched in 2005, while Sony has fared worse, spending $4.951 billion on PS3. Both figures are a loss, and you can see an overview of both company’s losses in Cousins’s financial table here.
Cousins, who has worked at a string of high-profile studios over the years – including Sony EA and Lionhead – has shed serious doubt on the future of the home console as we know it, citing Sony and Microsoft’s plan to sell each console at a loss as a reason for such poor fortune. It’s a poor strategy he says, as even with a combined total of 70+ million consoles sold, both companies are still losing money.
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."
Hanzla from eXputer inquires: "If Xbox can care about preserving its games and legacy, what exactly is wrong with Nintendo, trying to kill game preservation single-handedly?"
Ahh yes the good old game preservation of saving all your games to a removable hhd on the Xbox 360, taking it round your mates house, setting up multiple tvs to
Be met with “save data corrupted, please re download”
Or how about removing 360 games
From the store
, download them now or else, and, better hope to god that save data doesn’t corrupt, or it’s lost for ever
Nice one ☝️
This is just a scammy PR move to distract from the fact they are going digital only and trying to push streaming and subscriptions only.
No gaming company has pushed harder to remove ownership than Microsoft.
Without discs there is no preservation, preservation can't be done by the rights holders it can only be done by the consumers, anything else is a lie.
Nobody wants this. Sales or the lack of it in the case of XBOX is very telling. I wonder how the adorably all digital series X will fare. Adorably dismal perhaps?
Only time will tell, but for from someone like me suspecting that Xbox is trying to gracefully exit the console market, that "forward compatibility" team is trying to get Xbox games playing on Windows PCs. I mean, it's nice that they're not planning on exiting with a "enjoy your games while the hardware still works" message, so that's nice. They still have a brand to protect via Microsoft so probably feel obligated to have a better exit strategy.
Danish from eXputer: "Nintendo has historically gone against player-made content and emulation of its games. This has done much to harm the company's image."
They need to stop announcing these mods and fan remakes until they're finished. Finish it, upload it, and then if Nintendo dmca's it tough shit. Once it's online, people can share it around, even if the original download gets taken down.
This is all coming from the mouth of short-sighted fandom and grifting madness.
No.... it wont. There is a clear defined reason why they don't. This is nothing new. Make your own shi7 from your own original ideas especially if you are trying to capitalize of it it. Duh.
Yeah, hire people that have zero respect or understanding for an established process. Wow. Yep. Totally makes sense.
MS made alot of money with the 360 in the last 3 years but they lost alot in the first years on the market.
Still what really matters is that right now is making money and isnt going away anytime soon.
Next Gen will lose money at first its normal, these things will be powerfull, technology is expensive and they cant sell Consoles for 1000$. But with time, games sales, Live etc... it will make money for them.
Thats must be 30 years from now.
Consoles arent going anywhere son, stop dreaming.
Ouya, Game Stick, NVidia and Valve have just announced their new gaming consoles and this guy spew FUD doom and gloom.
So he is saying these guys are stupid and did not do their R&D?
I bet this guy is spewing these crap for his own vested interests.
awaiting a Sony, Nintendo and M$ response...
Oh and its from Kcraptaku!
I should have known!
Nothing from that site is ever positive news worth reading.
darkride66 you should have known better not to bring that garbage here on N4G
Seriously
Ouch , that's pathetic. Do they even know what they're doing ? The gamecube was arguably more successfull than the os3 and 360 BECAUSE Nintendo never LOST money on it , they MADE a PROFIT on every unit and game sold.
Sony lives in dreamland trying to show off like the big man with ''UBER TECH'' when they can't even afford to deal with ''UBER TECH'' they're just lying to themselves.
It's like a car salesman buying cars for 4K and selling them for 3K . You can't afford to sell those cars like that LOL.
This is Why the PS4 and maybe 720 is going to be a dissapointment to you drones because the MOST they can do is sell it at breaking even.
Sony need to make some Money or they will be the next Sega.
I know , the truth hurts.
Nintendo is currently by far the most successfull competitor in the Video Games sector.