Microsoft just announced its financial results for the fourth quarter of fiscal year 2018, and they're very positive.
Weird down votes disagree I guess.
Microsoft annual gaming revenue $10.35 billion; Nintendo annual gaming revenue $9.7 billion; Sony annual gaming revenue $17.29 billion; (source: https://www.gamesindustry.b... paragraph 2)
@uptown It's funny that people think that 10 billion dollar company is "dead" in the gaming market 😂😂
"It's funny that people think that 10 billion dollar company is "dead" in the gaming market " Microsoft, Sony, and Nintendo have all been declared "dead" in the gaming market at one point or another.
@fewDankMemes Yeah, a lot of people look to how much the corporations are worth overall…but what really determines these Gaming Division budgets are the revenue and/or profits of the Gaming Divisions themselves @kevnb Your right, revenue does not equal profit, but the revenue the Gaming Division brings in is a WAY better indicator of future Gaming Division budgets than the overall wealth of the entire corporation
revenue != profit.
Dank Just a company cheapskating on its consumers/ fans to keep revenue high
@ConsoleGamer - "Just a company cheapskating on its consumers/ fans to keep revenue high" ROFLOL…So when Xbox makes a lot of revenue = Xbox is giving the people what they want & consumers are responding by spending a lot in their ecosystem BUT… When PlayStation makes a lot of revenue = Playstation is "Just a company cheapskating on its consumers/ fans to keep revenue high" Do I have that straight???
@uptown Wow. Considering the PlayStation brand is 7 years older than Xbox, I sure hope it makes more revenue, that would be pretty sad otherwise.
Damn they did great this quarter, lots of good news coming from Xbox as of late.
@lxeasy "Damn they did great this quarter, lots of good news coming from Xbox as of late." Yes. Since Phil got promoted to VP things are turning around in a big way for Xbox. Plus, Gamescom is just around the corner. More greatness comming ;)
But according to N4G, Xbox is dead
Did you seriously just compare 911 to profits of gaming companies? How sick in the head are you?
Great News, indeed. Phil Spencer is the man! ;)
It does seem that since Phil's promotion and the recent big reshuffle in microsofts gaming division, things seem to be a lot more positive over at Microsoft. They had a good E3 and have finally committed to first party games, game pass really is a great service I just hope they can keep the momentum going and have a good gamescom. would love to see release dates for ashen and below. would also like to see crackdown 3 multiplayer, more info on gears 5, halo infinite, the last night and battletoads.
I think we will def see more crackdown 3, and possibly gears 5. Not so sure about halo infinity and the others but it'll be nice.
"mainly from third party title strength" Not really much of a surprise there, but some excellent growth overall. That is what stockholders want to see.
Imagine what they could do with 1st and 3rd party growth...
That would be nice to see. Been "imagining" first party growth for too long. But that's why their studio acquisitions were so important.
Wouldn't have any growth if they didn't have a gaming platform. Some thought MS would have sold off xbox years ago.
Wouldn’t the word “mainly” in context actually say that part of it is due to first parties? 🤔
Can't even remember what exclusives Xbox had FY 2017, if any, so yeah, first party certainly couldn't have gotten worse.
@Razzer, 2017 is where they really dropped the ball. The previous years all had at least like 2-4 Microsoft games worth mentioning, even if they weren't incredible games. In 2017 they had Forza 7 (which is a fantastic series, but with Motorsport one year and Horizon the next year since the beginning of the gen it's lost its luster a bit) and . . . Halo Wars 2. The past two years it's like they've barely been bothering to release games.
Nice job Phil and Xbox team
Congrats to Microsoft and Xbox. If utilized properly, the first party studios they announced at E3 will only help them build on that success. Hopefully we see more quality exclusives on their current and future platforms.
Good news for gaming 👍🏽
It's hard to give Microsoft credit, because in the back of my mind, I just know they're spinning this for more than it's worth... Good for them... Who says you need great games to do great? All you need is to convince a bunch of die-hards and let the money flow in...
Yeah right? That’s why Microsoft posted more growth than Nintendo. There’s got to be some spin there. /s Curious too because from what I’ve noticed there’s more Nintendo “die-hards” compared to Microsoft ones. I suppose it could have something to do with being able to play titles that neither Switch nor PS4 have. Like the exclusives they’ve been putting out on top of upgraded content, in many instances free.
"That’s why Microsoft posted more growth than Nintendo." Microsoft's growth in FY 2017 was damn near a flatline. Their hardware revenue growth actually decreased. So yeah, credit MS for rebounding but they had a lot of growth to make up for. Either way, Nintendo spent most of 2017 supply constrained with Switch sales after launch. Microsoft cannot say the same even with the X release. Comparing the two at face value is disingenuous.
There's more Xbox die hard fans than Nintendo people on here say anything bad about Microsoft people here hit the inappropriate button all the time because they can't handle what people say on here. Playing titles that Switch and PS4 don't have??? When is the last time Microsoft released hit after hit like Sony and Nintendo have been doing??? Horizon over 7 million sales in a year Mario Odyssey over 9 million in 3 months that's impressive.
Why does Microsoft continue to not disclose how many Xbox Live Gold subscribers there are
They bundle all the revenue together under the xbox division. I suppose Microsoft feels that the average investor doesn't really care about that particular piece of information.
@PhoenixUp "Why does Microsoft continue to not disclose how many Xbox Live Gold subscribers there are" Because that kind of information is not relevant to the general public.
Investors like to see the bottom line numbers, but if it makes you feel any better I believe the last reported number of gold members was in the neighborhood of 36 million paid subscribers. That was as of a few years ago. so it could be up or down depending on changing market conditions.
It was over 50 million in 2014
@native, I believe that was total xbl members (gold/silver)
I wonder how much is from gamepass
Sweet!! Hey phil, go get remedy and pry away bioware. Great xbox division. Love gamepass. Live is the best service hands down.
LMFAO are you kidding me??? I have Xbox Live and when I beat someones ass in Call of Duty Black Ops 3 I get babies messaging me because I'm good with the guns I use and when I respond with STOP ME THEN they report me. Playstation is a better service it has more players that don't get all pissed off when they lose unlike Xbox I've been suspended from Xbox twice already for responding with STOP ME THEN it's bs Xbox players are babies
Phil is the king
That's what I thought!
I still want better first party games! Signs are good from MS, but they have to lift the quality of first party games.
Microsoft Posts 10.35 billion in Fiscal Year Revenue, next to 9.7 billion by Nintendo and 17.29 billion by Sony
Xbox posts that, Microsoft overall has about 30.1 billion.
“We had an incredible year, surpassing $100 billion in revenue as a result of our teams’ relentless focus on customer success and the trust customers are placing in Microsoft,” says Microsoft CEO Satya Nadella. “Our early investments in the intelligent cloud and intelligent edge are paying off, and we will continue to expand our reach in large and growing markets with differentiated innovation.”
Great news! Phil Spencer is GOAT!!!
Microsoft is lucky they have such a loyal fan base.
Good for them.
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