Earlier this week, DFC released a report stating that Microsoft’s E3 show this year was evidence that the company was on track to leave the console hardware business eventually, and that all of its announcements at E3 this year were indicative of this move. Even at the time, I found the report to be a bit odd, especially given that Microsoft had just announced two new consoles (including one directly in response to the criticism leveled at the Xbox One), as well as multiple new games in the pipeline.
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.
PSLS writes: I have traveled across the country using the Razer Kishi Ultra in airports and hotels for both PlayStation Remote Play and mobile gaming in general, and I am thoroughly impressed.
A new patent recently published by Sony wants to gather biometric data of gamers to track whether one is being harassed using AI tools.
I hope this is one of those patents that never comes to fruition.
I already dislike the fact you can pay a significant amount for a online service buy associated games and content on said service and get banned from that service over potentially a misunderstanding the bans are already handed out for flimsy reasons
I'd rather see money invested in a ban that simply removes the offensive players ability to communicate with unknown players allow them to continue party chats with friends but not with Joe blow on cod.
Take my social security and bank account numbers too! Here’s a picture of my wife and our address.
At this rate I feel Sony will eventually sell a room to play games in it where they can monitor your every breath
I want them to censor erotic content by measuring my groin temperature so i dont get too distracted while playing black ops 2.
Terrible idea. Not only do I not consent to providing my biometric data, the potential for mishandling biometric data is almost a certainty. Positive stress and negative stress can produce similar changes in biometrics. Interpreting the precise emotion a person is feeling is not only invasive but could be easily misconstrued. I hope this never comes to fruition.
That article saying that they're leaving consoles is pretty damn stupid. Anybody with half a brain after seeing that E3 conference would think that they're more invested in consoles than ever.
Any one who thinks they are leaving one of the biggest markets in the world , and can't see they are expanding their brand and market is badly miss informed or don't have a clue what they are talking about.
Also all this talk about lack of new games is a joke too ... You don't make 2 new consoles if you are leaving it , announce a custome controller scheme through your own website if you are leaving the gaming
And you don't announce a new console for next year without big games to come on it , a lot of people will be in for a shock next year and all this lack of gamming talk will change by the media to ... Microsoft nailed it , they showed what gaming is , games games games , the tortoise is catching up. Honestly people need to start using their brains rather than their own personal views when writing articles and blogs , the facts have never added up to the leaving the gaming business so why say it ?
Either way Microsoft is the winner here.
Dissolving their entire gaming division to push its Windows 10 software further isn't a bad idea. The OS is incredibly lucrative and its profit margins are through the roof.
Microsoft thrives with or without Xbox. Clearly.