The Xbox 720 has been said to be receiving an exclusive event over the next few days, and some believe that is where there will be some inside unveiling will be going on, but Microsoft has issued a statement.
According to an exclusive response to Examiner.com's inquiry today, Microsoft has identified what the upcoming events are for.
One of the founding members of the Xbox team has questioned Microsoft’s multiplatform gaming strategy, and said they believe the Xbox hardware business is effectively “dead"
Think that rumor that they'll still make a new console but at a profit at $1000 will be true though. The series consoles will remain their cheap alternative throughout next gen I would say. Keep in mind that game pass and pretty much going 3rd party is their main focus. They want to bring xbox everywhere.
Even as the company sets out to overhaul the very definition of Xbox, cuts at its studios risk creating a negative image reminiscent of EA's worst era
I appreciate the article but this guy must be living in a delayed universe, The reputation was ruined 10+ years ago and hasn't recovered since. As such people have voted with their wallets and stopped buying Xbox products in large amounts.
Rumors of Turn 10 being either shut down or hit with massive lay offs is on the horizon.
The issue is MS will do something right only to do something very, very wrong. And they do this what seems calculative at this point. Doesn't matter what they do the Investors and leadership want more and more money an endless bottomless pit of purr insatiable greed. A company that acts like it's broke or hurting is what really, really infuriates me. They've surpassed apple again well over 3 trillion who acts like they're a million dollar company is fk stupid. Pivots and changes for no reason and can't do things for more than a year with out a pivot or changing their metrics.
The cuts are expected to be announced next week.
Microsoft is also planning thousands of job cuts that will impact other parts of it businesses
MFs has been beating their chests over great quarterly results and big profits to shareholders while firing people by the thousands just like Sony.
I wonder if at the top of those rumored layoffs they´ll also cancel upcoming or unannounced games while shutting down more studios as well.
"Wait, select press are going to be at the Microsoft fiscal year 2014 event this week?"
"select press" and not the public like Sony did? not a sign of confidence.
Show, don't tell
Standard business practice.
Move along.
Damn, and here I was hoping for some real details.
Investors are a huge part of the business, Microsoft will want positive things to report, which explains the really good video game sale this past week. Tack on some of those sales to push positive numbers to your investors, Xbox Live revenue is up, Halo 4 did amazingly, they will show off the next Xbox to investors and get everyone hyped up for the huge launch.
One thing we know, Microsoft has the money to advertise and when they are ready to show their new beast off, we'll all know about it, hell it'll probably be on a few different tellevision stations.