VG Republic Writes: It seems as though everyone wants off the boat right now, the E3 boat that is. The trade show that has been the largest consumer video game show in the U.S. for the last decade and has only grown in popularity with the inclusion of the average gamer being allowed access to the show; web-streams allow those, that can’t attend, at home to still enjoy the action. However, over the last year the once mecca for showing off the latest in gaming seems to be losing its luster just a bit. While there will be the usual suspects at the show, some of the larger companies such as Nintendo are choosing to scale back their delivery to a more intimate booth showing than taking the large stage and joining the likes of Microsoft and Sony. Not only that, via Twitter, Doug Lombardi a Valve software employee got confirmation from the parent company that they would not be attending E3 at all this year. What is going on around here? A few years back companies were leaping at the opportunity to jump on stage to show off what they had done, but now it seems as though people are jumping off and to other avenues to bring forth their latest creations. Why is E3 losing the luster it once had?
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.
you should apply in MS PR team buddy, I think you will do a great job in my humble opinion :)
I can tell people like you are an absolute minority..
If service is up means their fans and fanboys accepted this model and subscribed to it. The near future you will see a big decline because the service is saturated.
But that's been ms for years. When things aren't going their way they try to change the way things are said. For instance console sales are down, they stop telling how many sold instead telling us how many hours spent in halo or headshots. So it makes sense console sales down just say people are playing on more devices then previous. What they won't say is how many xbox players jumped ship to ps5.
Hardware sales are so bad that Sony and Nintendo are blowing the sales off the water with their hardware.
If Xbox are losers, others aren’t..
Xbox already tried everything with Xbox live then subscriptions went down so much that they had to find something else. Their fans subscribed then reached saturation rather quickly.
Hardware and exclusive games is where it’s at! Keep gamers excited, announce decent software and people will support you
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.
Activision: "we gonna need a bigger rucksack/backpack please"
Microsoft: "why's that"
Activision: "to carry yo' weak ass'
Top brass have also wanted to start seeing returns on the 100 billion they have put into various Xbox related moves so seeing more multiplatform games is highly likely especially from abk
It's basically saying that PlayStation is the reason Xbox is afloat right now thinks to Ps5 versions of COD
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" -
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.
It's all about diminishing returns. Its silly to spend hundred of thousands or millions if your business can't substantially re coop those funds.
I wish it was just pure gameplay trailers and gameplay footage of new games, back to back.
Leave the dancing guys in blue ponchos out of it please.
And no 30 minute wonderbook demos either..
Being that many big names aren't even attending this year, yes. At least for this year it has lost its luster.
the sony and microsoft conferences will be awesome and will probably be viewed by more people than any e3 press conferences in the last 3 or more years
so no. E3 this year is going to at its best.
i dont agree. i still think E3 is great expo! I mean last years was okay but i think thats mainly because of this year with the PS4 and NextBox. e3 will be around as long we have video games..... unless you guys wanna go back to the CES style