What's happened in the business of video games this past week .
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.
The Casuals dont know but the hardcore do, theres your problem Nintendo...
HEY!
I am not trying to Flamebait,
-but if you are a Nintendo Fan (& If you Don't Mind)-
Please post something about the WiiU.
Either use it as your Profile Pick on Non-Gamer Social Media or Tweet it or make it your status.
Get the word-out to the Casuals.
PS Spare me the "That's not my job! Nintendo should have done that!"-Talk.
-I said, "(& if you Don't Mind)".
nice im lovin this . the wiiU is so underground rite now . sweeet!
Hope it doesn't become to hipster to own one, eventually those types of people are going to own one and I'll have to distance myself...lol
Seriously though, if this is true, maybe it'd be better if they stop making the standard Wii altogether? I think they can do a better job at advertising the Wii U, maybe rebrand it or something?
Not sure how the Wii and Wii U are confusing, but Xbox/Xbox 360 and PS1, PS2 and PS3 aren't? I think those all might be confusing to some.
I think many casuals know that Nintendo does something for that system they bought before tablets and cell phones really took off.
They realize that other system that was so hot really had no games worth a damn. Maybe a dozen in its entire marketed lifespan?
This new system that Ninny is not really trying to sell...isn't much of anything to really be excited for. Old ips rehashed ad nauseum. (Yes that applies to the other consoles too. )
If Ninny wants to get attention...lets see some modern ips that aren't family oriented.
Basicly....lets see Nintendo grow up. Even if only a little.