60°

Richard Sherman Joins Luminosity As Shareholder And Brand Ambassador

Esports organization, Luminosity Gaming, announced that Richard Sherman has joined the team as a shareholder and brand ambassador.

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gamelife.com
1679d ago
170°

Microsoft’s Surface and Xbox hardware revenues take a big hit in Q3

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.

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theverge.com
darthv7214h ago

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.

solideagle1h ago

you should apply in MS PR team buddy, I think you will do a great job in my humble opinion :)

Cacabunga54m ago

I can tell people like you are an absolute minority..

If service is up means their fans and fanboys accepted this model and subscribed to it. The near future you will see a big decline because the service is saturated.

shinoff21839m ago

But that's been ms for years. When things aren't going their way they try to change the way things are said. For instance console sales are down, they stop telling how many sold instead telling us how many hours spent in halo or headshots. So it makes sense console sales down just say people are playing on more devices then previous. What they won't say is how many xbox players jumped ship to ps5.

purple1013h ago

Xbox hardware revenue tanks to lowest point of Xbox Series generation

Profchaos3h ago

I'm not surprised surface is struggling they aren't relevant anymore

XBManiac2h ago

Too expensive hardware when others offer the same or more for less? Good work, Green Team.

SimpleDad2h ago(Edited 2h ago)

"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.

purple1011h ago

Activision: "we gonna need a bigger rucksack/backpack please"

Microsoft: "why's that"

Activision: "to carry yo' weak ass'

Profchaos1h ago(Edited 1h ago)

Top brass have also wanted to start seeing returns on the 100 billion they have put into various Xbox related moves so seeing more multiplatform games is highly likely especially from abk

It's basically saying that PlayStation is the reason Xbox is afloat right now thinks to Ps5 versions of COD

Kornholic9m ago

So basically PS and PC gamers' money is keeping Xbox on life support.

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70°

Embracer CEO Lars Wingefors: "I deserve a lot of criticism."

Embracer CEO demonstrates a masterclass in mental gymnastics in latest interview.
"I'm sure I deserve a lot of criticism, but I don't think my team or companies deserve all the criticism. I could take a lot of that blame myself. But ultimately I need to believe in the mission," he said.

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gamesindustry.biz
on_line_forever21h ago

OK give us Kingdoms of Amalur 2 with AAA budget and we will accept your excuse

kaos8919h ago(Edited 19h ago)

The king of the studio asset flip scheme that failed.

60°

EGX and MCM Comic Con combine for the UK's biggest pop culture weekend

You'll know of EGX. You'll know of MCM Comic Con. Today the two events have confirmed that they'll be coming together under one roof

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thexboxhub.com