This morning South Africans woke up to the news we’ve all been dreading for most of 2013: Nelson Mandela had passed away. He was a political figure that overpowered apartheid and collectively avoided an all out civil war in South Africa. Instead, this leader brought all of his people together to love one another. He’s also the reason the gaming industry is as strong as it is in South Africa today.
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.
R.I.P.
A little bit of a stretch but acceptable.
such a stretch in this article.
but what would you expect from the PC police of the MSM.
this guy preached the genocide of white people, openly and boldly but I guess Anderson Cooper & John Stewart didnt tell you that?
RIP Nelson Mandela
Is this a South African Site? Because this guy does not have a clue what he is talking about. No doubt Mandela did more for this country than most would know but some of the things this idiot is saying is so far from the truth its laughable. Anyway RIP Madiba.