Microsoft has just announced its third-quarter fiscal results for the period ended March 31, 2013, and it was an encouraging period for the Entertainment and Devices Division which houses the Xbox business. Total revenues climbed 56 percent year-over-year to $2.53 billion, while the division enjoyed an operating income of $342 million compared to a net loss last year during the same period of $228 million.
TSA asks what is the future for Xbox.
They clearly never did, hence why they spent so many BILLIONS on other publishers as a last resort.
Sure, a plan to be a more hated game company than EA. Ubisoft were recently giving them a run for their money but I think Xbox have really knocked it out the park with their latest stunt.
Absolutely not, their whole plan is at odd with what MS wants
Phil wants GP to become big
MS wants to sell games and make billions
GP can’t be sustained with AAA games which take 3-5 years and 7 figure budgets. Only go put those games on GP day one. Why do you think games are coming out on other platforms?
People want a change and want Phil gone without realizing if someone new comes along they may want to change everything again so we just keep going in circles. Phil has to realize that and give clear message on the direction of Xbox
There are two reasons why all those Bethesda studios closed, and neither of them have anything to do with Bethesda (directly)...
Game Pass and Activision.
The guy confirming what we've all (well, most of us) been saying since the latest purchase.
Honestly i think Bethesda needs to buy themselves out of zenimax/MSs hands and do their own thing, i honestly think that would fix a lot of issues and save them from a potential closure.
Ah, we can see how the Microsoft media machine works.
Every article I read now is some kind of attempt to shift the blame off Microsoft and paint them as the victims or convince people that Microsoft mistakes were just some kind unforeseeable unfortunate twist of fate.
The shills are out in full force today.
It's greed. MS has the IP's it wants now it's dumping the studios that it's raided, MS will still make money from Tango's games unlike the people that made them. If anyone follows MS outside of gaming you'll see this is what they do, buy companies take what they want consolidate some of the workforce and shut them down. I don't know why people are acting so surprised when this is Microsoft being Microsoft.
MS is a three trillion dollar company, if it enters a market it has no need to compete, they take what they want and with the financial influence it can bypass laws that are meant to protect the consumer and the workforce. Just look at how they are cornering the AI market right now with buyups and investments.
Back when the Xbox 360 launched, Microsoft pushed the big budget game as a differentiator. Following all the recent layoffs, it’s clear this strategy has run its course.
The Microsoft shill take on the Microsoft causing the death of big budget gaming...
The whole driving force for growth in gaming both technologically, creatively and financially was all nonsense, and it was definitely not because Microsoft ran the industry into the ground with obviously bad decisions and creating an unprofitable business model that massively disrupted consumer spending habits. /s
LOL, this article is a big pile of dog crap...
Spencer has been constantly telling ppl that NO they would not go the route of having games like TLOU, Uncharted, etc because Playstation exists and prefers to focus on a diverse portfolio.
How many years have we seen Xbox as no game and we don't want small games like ORI, Pentiment, Grounded, etc.?
That's the real tragedy and why lots of gamers are mad at MS right now
because they have been championing smaller titles and yet fired the ppl delivering exactly what they were proning about.
So no the only nonsense is that MS seems now to be going BACK to AAA popular titles..sorry, I meant refocusing effort on core established IP where broken GAAS might be rewarded versus praised and rewarded work.
It's great to see % increases in pretty much all of the divisions ms is invested in and I can definitely see why ms isn't in much of a rush for next-gen looking at their e&d division numbers.
curious to know what PSN PLUS percent is
Does anyone know any numbers pertaining to their Surface RT and Surface Pro products? Kind of interested in seeing how many or how much Microsoft have sold of them as it directly relates to their Entertainment and Devices Division.
OT: Good goin' Microsoft, keep up the good work (And announce the Xbox 720 already!)
Edit: @Dlacy13g, yeah I kind of figured, and those losses from last year were probably due to R&D costs for both the next Xbox and the Surface line. Plus last year, they launched Windows RT, Windows Phone 8, Windows 8, Surface RT and so far this year Office 2013 and Surface Pro, so there might have been quite a few bucks lost in marketing/releasing those as well.
And yet they still charge for basic P2P matchmaking so greedy so sad, sure it only cost like 52p a week but it's the principle of it that makes me no longer want to support MS next gen.
One has to wonder if last years Net loss was in large part due to R&D for the next Xbox. I am purely speculating but that is a pretty huge turn around for a division. I mean really you are talking about growth of $570 million to get them out of the $228 million hole and into the positive of $342 million.