Microsoft may not be prepared to talk about its next-generation Xbox officially - but that hasn't stopped one of its employees referring to the unannounced console on their online CV.
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.
Eventually they’ll realize the value is with the employee not the company. Buying an IP means nothing if the people who contributed are let go. They’ll get it one day.
tech is different because they buy threats and then kill them. Twitter bought Vine and did nothing with it. Despite people seemingly liking it. Could've had tiktok a decade before bytedance. go figure.
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" -
Wardens Rising is looking like a promising new take on the ARPG genre, especially when played with friends.
"Video processing for DRM'd content"
Crap. Another "rumor" Xbox article in the top headlines. That doesn't bother me at all. I do hate the few individuals who will try to spin and defend this like its a good thing.
This isnt good for ANYONE, even the most hardcore, die hard fanatics of Microsoft. Anyone who says otherwise is in denial or have no clue.
I hope for gaming's (and MS) sake that all these rumors are false.
DRM'd video. Nothing new here. This has been the case for most video streaming services.
Am I implying this has nothing to do with DRM'd video games? No. It could very well be the case, but lets just stick to the facts of the article/blog before this gets blown out of proportion.
Yall overreacting.
remind me of that one girl in class who's too extra with everything she does
Oh no¡ :(