180°
Submitted by matgrowcott 562d ago | news

Microsoft Stock at Second Highest in 6 Months Despite Always-on Rumours

Microsoft have taken a bashing over the last few weeks, partly because of their flat out refusal to discuss their next console and partly because of the actions of Adam Orth, the Microsoft creative director who took to Twitter in defense of an always online console. The top articles on sites like N4G and Reddit have almost consistently housed articles about why Microsoft are doing things wrong. Why, then, is their stock at almost the highest it's been in six months? (Industry, Microsoft, Xbox 360, Xbox One)

The_Infected  +   562d ago
How about wait until they reveal their next gen console before bragging about their stocks being so high despite the rumors about their next Xbox.
matgrowcott  +   562d ago
Bragging? Really?

There's absolutely no bias here. We're reporting that Microsoft are seeing a level of success despite the negativity surrounding them.

If you see that as bragging, I feel sorry for you.
sikbeta  +   562d ago
lol so much for trolling MS and its unnanounced new console... Nextbox reveal is going to be BIG! ;)
Skips  +   562d ago
But do negative rumors really affect said companies' stock though???

When rumors of PS4 blocking used games surfaced, and people were going all apesh*** writing doom and gloom articles for Sony.

There was literally NO change in their stock. Just sayin.

Willing to bet Microsoft's stock increase isn't even gaming related. lol

@below

But were Sony's affected?
#1.1.2 (Edited 562d ago ) | Agree(5) | Disagree(11) | Report
Grap  +   562d ago
@Sonic200
but it was for gamestop.. i think there was news about it here 4 months ago
matgrowcott  +   562d ago
@Sonic200

Yeah, rumours can affect stock. I mean, technically we're talking about the marketability of a product. If you think investors haven't seen the negative response to always-on, you're wrong.

It depends how many people are selling based on those rumours, I suppose. That's the interesting thing. Either they're not taking the backlash especially seriously and are taking the risk of waiting until the official announcement - at which point stocks will likely plummet if always-on is confirmed with no bells and whistles - or they know something we don't and aren't panicking.
WrAiTh Sp3cTr3  +   562d ago
Its because no one is interested in Sony Stock.
shivvy24  +   562d ago
well they just did release win8
southernbanana  +   562d ago
@Sonic200
I only recall one or two negative articles toward Sony in that respect. I also do not remember people claiming they wouldn't buy it. The negative press Microsoft is getting for the same rumor is far worse. The amount of negative press they are receiving would affect stock prices and lucky for them it has not.
DragonKnight  +   562d ago
"Microsoft Stock at Second Highest in 6 Months Despite Always-on Rumours."

So? Microsoft isn't just a game console developer.

Sony's stock dipped down when the showed the new PS4 controller but went right back up at the end of the day. And what an arbitrary time period to choose as well.

What exactly is the point of this? Stockholders aren't the same kind of people gamers are. Most of them probably don't even know the first thing about gaming. Their interests are of no interest to us.
Saigon  +   562d ago
Well, to answer the question...rumors do not affect stocks. If these rumors did affect stocks in a negative way, MS would have had to reveal the Next Xbox earlier than they expected. But since it did not affect its stocks, why make a move.
EVILDEAD360  +   562d ago
Stock is going to jump even higher after the NEW rumors just were announced.
Stock Second highest with bad rumors

Today's new rumors from the same site that corraborated the old one.

Xbox 720 will play all games offline and does not need to always be online.

Xbox 720 can play used games and with the 'Always online' Xbox Mini will be backwards compatible.

Adam Orth fired.

Wonder how the stocks will react to the positive rumors and after the official reveal when all of this will be official.

Evil
Hingle_Mcringleberry  +   562d ago | Funny
You seem upset. You wanna talk about it? Was it your wish that the rumours would drive their stocks down and they'd be bought out completely by SONY?
Yeah, I remember when I was 12 too and I wished Dawson would break Katie Holmes heart so that I would have a shot at her. . .didn't happen sadly. You wanna start a support group for losers that wish outlandish things that will never come true? You can be president.
On the real now, so an article not written by Microsoft emerges about their stock price and suddenly they are bragging? What exactly is wrong with you man?
No seriously, what the **** is wrong with you?! You want to see them fail that much?
On topic, Microsoft are a huge cooperation, Xbox business is only a small part of that. They make billions upon billions of profit every year outside the Xbox business.
Their stocks can withstand bad rumours in their gaming division because unlike some other cooperation, gaming isn't one of their only money makers [lol I say this very lightly].
Tultras  +   562d ago
You need to grow up, stop getting agitated over nothing.

On another note; Nintendo makes money purely because of gaming.

Sony however make PROFITS on their other businesses as well, like Sony Pictures.
The_Infected  +   562d ago
Your basing stocks on rumors why not wait until official word on whats really going to happen with the next Xbox?

I hope they do great but we just don't know if any of the crazy rumors hold any truth. I can't wait for the next Xbox myself. I just really hope they bring some new IP.
#1.3 (Edited 562d ago ) | Agree(3) | Disagree(19) | Report | Reply
ichimaru  +   562d ago
"why not wait until official word on whats really going to happen with the next Xbox? "

http://www.gifsforum.com/im...

LOL!! NOW we should wait for official word from MS XD this is Gold
n4G is a broken Time machine
Kietz  +   562d ago
*disapproving head-shake*
Objective  +   562d ago
Lol Hingle...! Overkill pwnage!

Kratos, you seem to have confused rumor for fact and vice versa. Stocks are fact. Always -on is rumor. There's no need to wait for reveal before bragging cos the stocks situation is fact.
dcbronco  +   562d ago
@Kratos

Or how about we realize that people with more information than the general public aren't worried about the next Xbox.
JsonHenry  +   562d ago
Probably because all of the investors know that the always on thing is not what all the doomsayers are saying it is.
As far as investors are concerned always online is a good thing and that it will work(and it will for the hardcore xbox fans and casual gamers). Most of them probably are not gamers.
dcbronco  +   562d ago
Stock price goes down when there is something that is believed to scare customers away. Many, mostly Sony fanboys, have said always on is a deal breaker. SO maybe they know it isn't what the fanboys are making it out to be. Or maybe they know that developers want it and are willing to support the console that does it more. Either way, the price going up means they see the next Xbox as something good.

Although Microsoft is a big company that makes a lot of profitable things. SO it could be based on the Xbox TV thing, Xbox Surface thing, MS set-top boxes, second generation Surface. MS usually doesn't get much credit for making more money since profits have gone up every year and the stock price has been flat for years. So it must be big.
ZeroX9876  +   562d ago
don`t forget that xbox is just a tiny portion of the business of microsoft. their stock price aren`t just fluctuating from news on the next xbox.

Rumors are rumors, you don`t sell all your shares when it`s this high on a simple rumor as this. the console isn`t even officialy announced yet.
#1.9 (Edited 562d ago ) | Agree(1) | Disagree(0) | Report | Reply
AngelicIceDiamond  +   562d ago
Ok, well if I had to be worried about revenue and sales I would be more worried about future console sales IF the rumors are completely true.

I do believe the rumors I true to some extent. I do think the the console will be always on and connected if you have internet. If you don't have internet, the console will still run just fine. Its a feature therefor optional, and not mandatory.
Urusernamesucks  +   562d ago
And people said taht would affect their stocks.

Roflfmao now they cower in scuses!
greenpowerz  +   562d ago
Bad press is only among fanboys on forums. Most people making noise are PS3 fanboys. Devs would love DRM and so would investors. Gamers with no internet would be devastated and would hurt MSFT bad although making devs and investors happy, as long as the install base was healthy because of DRM.

I still think if true in some way, people are confusing some up coming Auto feature needs of the retail console and some sort of pre launch dev kit security protocols both sharing the same needs.

DRM would make xbox the preferred console of choice but would not be worth the lost business from non internet consumers. If any of this was true the xbox wouldn't even come with or need a HDD or disc drive for that matter for games. Why invest in HDD and disc drive driving up the cost if you have a console that won't work without internet? Why not go full DDL? MSFT would be better off releasing a full cloud based system Which isn't practical with load issues and ISP bandwidth caps.
#2 (Edited 562d ago ) | Agree(11) | Disagree(30) | Report | Reply
Gimmemorebubblez  +   562d ago
Im not trying to attack you greenpowerz, but if there was always-on DRM would it benefit YOU.
Insomnia_84  +   562d ago
Are you an investor? Will you gain anything from that? That's what I thought.
I'm a consumer, I'm the gamer, and so far, PlayStation is offering me what I want as a gamer and at the same time giving developers a very easy to use console and making both sides happy, not with some always-online bs but with what matters most to us gamers and developers...GAMES GAMES GAMES!!

If you don't own any developing studios or have no part in Microsoft, you are not gaining anything from what they are doing and I think this has to do more with what they are planning with the console aside from gaming.
#2.2 (Edited 562d ago ) | Agree(11) | Disagree(9) | Report | Reply
Tultras  +   562d ago
A short sighted approach, even people with always on Internet ( who probably don't even exist ) they would not favour it.

I think a smart investor would know that without the CONSUMER driving the product, no matter how many games etc come out for a product, it's not worth it if the consumer is not buying into it.

you know what happens to Heavy DRM games on the PC, yeah.

I fail to see how Investors would like it.
miDnIghtEr20C_SfF  +   562d ago
I love how all the little kid fanboys think that "always online" means you can't even play a single player game without being connected. Bunch of younglings. Why would they make a console that you can't even play a SP game on? Why?

What's going to happen is the game publishers are going to set what games need to be online and what don't. Not the console makers. And guess what? It's going to happen on PS4 too. MS and Sony are going to leave it up to the publishers to say what games are always online.

Not the actual console.

Jesus... it's so easy. Yet some are so far up in it, they can't even see.
Cocozero  +   562d ago
Thats because ONLY PS fanboys are crying and worried about the 720. Everyone else is excited and know whatever MS brings will likely bring them victory once again in the console battle.
Why o why  +   562d ago
Are you the new super watered down zhuk.

Green is power of green but I'm not sure who you are.

My business hat says this is great

My gamer hat is still waiting for their reveal as I doubt all the negative rumours are true so it's too early to form a balanced orion;)
green  +   562d ago
"Green is power of green but I'm not sure who you are"

Huh!!!
Why o why  +   562d ago
Ha ha. Sorry green. . . I meant greenpowerz.

You're nothing like that guy. . in fact you're fair despite your horrible preference;)
FrigidDARKNESS  +   562d ago
Kaz Hirai is having a hard time convincing investors that a turn around is imminent. They arent getting any new moneys coming in which resulted in the sale both corporate headquarters in US and Japan.

MS could have shown the next xbox secretly behind close doors to investors and saw what the next console can do.
Insomnia_84   562d ago | Immature | show
Gimmemorebubblez  +   562d ago
Now tell me how many stocks you own in MSFT? Now if you don't own stock in MSFT then WHY THE HELL DO YOU CARE. Seriously stop living in a dream world, we get(even if some people disagree) that you are in LOVE with an emotionless BILLION DOLLAR corporation that probably doesn't even know you exist.
CEOSteveBallmer  +   562d ago
Yeah awesome news lets wait when it is announced on E3 or this may and we shall see who has the last laugh. Meanwhile at sony: http://i.minus.com/iba4xUBV...
Insomnia_84  +   562d ago
lol one of my fav movies when I was a kid! I still own it on DVD. I looked for it on BD but was not available at that time.
ZeroX9876  +   562d ago
@ Cocozero

well, indirectly, The xbox way of doing things is going to greatly affect 3rd party devs behavior. maybe some of those 3rd party will go digital only instead of retail, since the next xbox is supposedly always online. then maybe those games will only be digital also on PS4 since they`re not distributing it at retail with the competitors.

PSN as greatly improved over the years and I`m pretty sure Xbox Live had a part to play in it. competition is one aspect that is driving this industry and that`s why even if I prefer Playstation over Xbox, I can`t turn a blind eye to the competition.
Bar_Brothers  +   562d ago
You Guys Really Cant See
Microsoft is too big to fall even if they drop Xbox, and i dont believe Xbox will be as bad as people are saying, i and if you are a true gamer we can only hope that is a great Console so we can buy and have fun.

Remember if Sony is the only ONE making a GREAT Console than none of us will have an alternative, monopoly market is bad for our or anyother industry so i say, make a damn fine Console Microsoft, competition is healthy and the more games the better.
CEOSteveBallmer  +   562d ago
We are not saying nintendo or sony should be the only ones in the gaming biz. Microsoft is at a loss or maybe they know but face it, they only care about money. same can be said of sony and nintendo atleast they listen to developers and fans. competition is healthy yes but I would rather want Sega back and replace microsoft.
ZeroX9876  +   562d ago
@Bar_brothers

well said, bubble for you!
Fishy Fingers  +   562d ago
Pretty sure a lot of the world isn't quite so concerned by some RUMOURS, no matter how many articles are bitching about it on N4G.
supremacy  +   562d ago
This is good news for them but...what does their business outside of gaming have to do with their gaming business?

Its like when poor tv sales pop up in a Sony gaming related topic, what does one thing have to do with the other?

We all know these companies are huge and have investment in many places, no one is arguing that. But the whole always online fiasco is something thats affecting their xbox brand to some extent, not the parent company as a whole. Therefore no one would be stupid to suggest that one issue will drop them on the head.
#6 (Edited 562d ago ) | Agree(4) | Disagree(6) | Report | Reply
Jek_Porkins  +   562d ago
As I said before, there is no bad press for companies. Microsoft has a lot of other things going for it right now to increase stock though, surface is doing well, Xbox 360 is doing well, Windows of course is doing well, and Microsoft is looking like they are set up for the future, I'm sure once we see the next Xbox things will improve even more.

Hopefully they bust out a billion dollar ad campaign for the next Xbox, they'll need to reach as many people as possible.
mcstorm  +   562d ago
I agree Microsoft are really starting to turn a lot of things round including there image.

I was very against Microsoft 10 years or so ago but With Windows 8, Windows Phone 8 (Lumia920), Xbox, Xbox music Pass, Skype, SkyDrive, 2012 Essentials server (Media server) Surface RT and Sky Player used on My 360 I use a lot of MS products and they all work well with each other between home and work.

I still own other devices that are not MS but all in all Microsoft products have become the central point of my software and hardware life and it fits me better than any other eco system.

Microsoft are also just bringing all there hardware/software under one big bubble which they tried to do back in the early 2000s but were stopped by a lot of governments but now Google and Apple are doing it Microsoft are also aloud to do it.

I think one of the reasons why MS have not shown off the next xbox is because it will be the final link to there windows 8/phone 8 Blue update that enables Windows 8 Windows Phone 8 and next xbox to all work together with Apps, Games, Media and more.
Mkai28  +   562d ago
Because most people don't look at these rumors as a resource. Especially coming from a fanbum's closet. We should really look at this, maybe the stock brokers know something about the next Xbox we don't.
Omar91  +   562d ago
Came late to the party but still in time for the main event!

*sits back, eats popcorn and watches PS fanboys and Microsoft fanboys battle it out.
plmkoh  +   562d ago
Kids should stay out of finance, Microsoft's stocks are going up because the Dow Jones and the NASDAQ indexes have been experiencing intensive rallying by increasing investor appetite for technology related stocks. Apple, Intel, HP, Google etc etc you name it have all been on a huge rise for the last 6 months.

If you had to explain Microsoft's most recent increases, IS FOR THIS ALONE: Congress has banned American communication companies from buying parts originating from China, therefore Chinese firms are buying into American technology firms to try and muscle their way around it.And then there's the moderately successful ad campaign for Bing against Google.
chukamachine  +   562d ago
Gamers should stay out of it, Does not concern them.
AD705  +   562d ago
LoL yeah they should learn a thing or two about the market and stocks before they attribute a bunch of dumb negative rumors to a rise in stocks. 360 fanboys are getting dumber by the day and are on serious damage control.
urwifeminder  +   562d ago
Just business as usual the rumors are not working lol and yes i have stock beef stock cubes.
#11 (Edited 562d ago ) | Agree(1) | Disagree(1) | Report | Reply
profgerbik  +   562d ago
No shit with all the Windows 8 bull they have been selling.. People are freaking suckers.

Let's make this OS that really isn't that different than Windows 7 and just make it more like Windows RT used on our mobile phones.. Great idea!

Let's advertise this surface pro everywhere, look you can use Microsoft paint on it! Cool huh?

I mean god damn every time I see one of those commercials that is all they do on the damn thing, is paint with that stylus.. What an advertisement, I can't wait to run out spend $900 so I can paint pictures that match the quality of a third graders..

People still buy the shit out of them.. and sadly when I know they could be used for a lot more, those type of ass clowns buying them probably only use them to paint on or browse the internet. Shit you could do a computer that cost $99.. probably less actually.
#12 (Edited 562d ago ) | Agree(0) | Disagree(2) | Report | Reply
Deathdeliverer  +   562d ago
Why do people act like Microsoft is only about xbox? Microsoft has many divisions and products. Them having high stocks can mean that the other divisions are doing well enough that the ONE POSSIBLE XBOX PROBLEM is miniscule in comparison. Do some of you people really think Microsoft is made and broken by a game console? If stocks were up for a company like Nintendo amidst rumors then it would be a bit different because that's all they are. But for Sony and Microsoft things are multifaceted. Some of you really think that stocks are up so nextbox=pwn. Some gamers want everything 3d but can only see everything 1 dimensional.

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