Microsoft is focusing only on blockbusters at the exact time it should be making diverse games.
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.
An independent UK developer says it’s been forced to announce and postpone its game on the same day, and lay off more than half of its staff, due to the sharp downturn in investment in the games industry.
I think so.. They need to get different genres on their system.. A more robust lineup of games that cant be experienced anywhere else because that gives people incentive to buy their console..
Ms got pretty much have every genres beside horror cover.
Just face ps4 is the must have system this gen even tho Xbox one has the better games there nothing Ms can do about.
It's always been their Achilles heel. Only concentrating on profits of sure things and not taking risks. Just like it will be with vr. It's a "wait and see" approach or what they know makes them profits.
Like I said before, Microsoft only invests just enough to get by in the game industry. But doesn't go all out to grow their IPs. Rallisport? Nope. Crimson skies? Nope. Flight simulator? Nope. We could go down the line on things gamers liked like myself that they won't invest in because it doesn't make them extreme profits.
But they'll buy mojang not because they care about Minecraft. It's because it makes them tons of profits. Havok?profits.but ask Microsoft to create a studio to make RPGs in Japan to help Xbox one sell more? Nope.won't even try.create a variety of games to help sell their hardware worldwide? Nope. That's why their billions mean nothing if their not invested in being a game company.
Sony is a hardware company. Insurance company. But based on their actions from PS1 to now, you can claim Sony is a game company. Nintendo a card company. But you can claim they're a game company for families. You can't say the same for Microsoft. They pay other companies for exclusives or timed dlc. That's not a game company to me. That's a business that found a source for profits.
Downsizing instead of taking profits from successful games to support the creation of smaller titles like Sony does.giving variety.even if its a hit or miss. The least they could do is try.
Depends on their targets /goals.
At this point we don't know them for sure.
Let's hope not.