Last year, Microsoft enjoyed one of the most excellent holiday seasons from an Xbox One console and games sales standpoint.
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 part of its plans to cut 1,900 jobs, Microsoft has reportedly shut down operations at Bethesda France, letting go roughly 15 people
Bethesda France was made up of roughly 15 people... they couldn't of being doing much
Bethesda France mainly did publishing and marketing within the region
Bethesda France focused on publishing and marketing in the region. And 15 people lost their jobs as part of the closure.
I wonder if this is part of Microsoft's strategy to abandoned physical media or possibly gamepass advertising makes their roles redundant you don't need to market a game as hard when the majority of players get the game as part of a sub which already promoted upcoming games
Tbh Microsoft I think Bethesda being 3rd party same with Activision would probably more competitive than thus scenario imo
The recently purchased Activision French offices might take over all the licensing and marketing for Microsoft in France from now on.
Hanzla from eXputer inquires: "If Xbox can care about preserving its games and legacy, what exactly is wrong with Nintendo, trying to kill game preservation single-handedly?"
Ahh yes the good old game preservation of saving all your games to a removable hhd on the Xbox 360, taking it round your mates house, setting up multiple tvs to
Be met with “save data corrupted, please re download”
Or how about removing 360 games
From the store
, download them now or else, and, better hope to god that save data doesn’t corrupt, or it’s lost for ever
Nice one ☝️
This is just a scammy PR move to distract from the fact they are going digital only and trying to push streaming and subscriptions only.
No gaming company has pushed harder to remove ownership than Microsoft.
Without discs there is no preservation, preservation can't be done by the rights holders it can only be done by the consumers, anything else is a lie.
Nobody wants this. Sales or the lack of it in the case of XBOX is very telling. I wonder how the adorably all digital series X will fare. Adorably dismal perhaps?
Only time will tell, but for from someone like me suspecting that Xbox is trying to gracefully exit the console market, that "forward compatibility" team is trying to get Xbox games playing on Windows PCs. I mean, it's nice that they're not planning on exiting with a "enjoy your games while the hardware still works" message, so that's nice. They still have a brand to protect via Microsoft so probably feel obligated to have a better exit strategy.
"I think we need to work harder to be better than the other guys"! A true statement of course, but It felt like Greenburg was taking pokshots at the competition in a roundabout way, like they believe that the competitor doesn't belong in the position their in! Contrary to what some believe the competitor is doing or, not doing the consumer voice is being heard by their purchasing practices.
Breaking records are alway good, but in the same context the records being broken are only pertinent in relation to what they're being compared too! I think in context all involved consoles had personal records that they bested from previous cycles, but it's also left up to the degree those previous personal records were exceeded especially after factoring in the fanbases growth, because to a certain point it's expected to see more software and hardware being sold and brought in conjunction with that specific fanbases growth.
The good news for Microsoft is that Xbox One is outperforming compared to the Xbox 360 commercially in its first two years so that it is now the fastest selling Xbox console.
The bad news for Microsoft is that Xbox One is underperforming compared to the PlayStation 3 commercially in its first two years so that the fastest selling Xbox console is selling slower than the slowest selling PlayStation console.
Cool now keep it up till the end of this gen and hopefully carry over into the next console gen .
Congrat Phil and team on the great XB1 success so far. Outpacing the X360 at the same time frame even with higher Pricing, tougher comp from Sony, and no one year advantage that the X360 had is a testiment of how good the XBox brand has come. Proud owner.
MS has created a powerful brand. This coming e3 needs to be another show of force.
They can't seem to get into the Japanese market and Sony takes advantage of that without needing to do anything.
Europe hates all things american so that's another disadvantage.
Considering all that.. it's still selling really well. Oh and I left out the reveal pr mess which has been the biggest mishap in gaming history and yet they continue to sell.