Sir Howard Stringer, chairman of Sony Corporation, has told the company's annual shareholder meeting that he believes the "top priority" should be restoring the videogames and television departments to profitability.
Precisely when that might happen is unclear, as although the company previously predicted that the PlayStation division will post its first annual profit next year, following cost reductions in the manufacture of the PlayStation 3, the electronics division is set to see earnings tumble on poor LCD sales while the stonger yen hits exports.
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" -
Gary Green said: We have a juxtaposition of 2D and 3D visuals, flashy turn-based combat, quirky anime characters with cheeky dialogue with plenty of partial nudity; Yes, this is a Compile Heart JRPG. Whilst the engine is borrowed from Hyperdimension Neptunia mk2, Mugen Souls is more of a Disgaea spin-off. It’s not a strategy RPG as such, it merely sits within Disgaea’s ever-expanding universe (Multiverse? Netherverse? Your guess is as good as mine). You won’t find cameos though, since Mugen Souls is a franchise which aims to stand on its own two feet.
are start buying more exclusives just look at th effect metal gear has had
I'd like to ahve anything other than FPS (which have become casual targets now due to saturation) Singstar, Guitar hero, Rockband, and any knock off plastic motion sensor wiimote that Sony thinks is going to save them.
I'd kill for White knight story right now, let alone Suikoden made exclusively on the ps3 and taking up a full 50gb blue ray or even half of one.
I cannot believe this gained disagrees. how the hell could anyone disagree with this? What, you want more FPS? More Singstar? More over priced guitar hero and rockband? More copyright infringement lawsuits?
You all are really, really, really stupid sometimes.
ladies and gentlemen,
The difference between MS and Sony.