Microsoft hosted its financial conference CEO Satya Nadella and CFO Amy Hood talked about the Xbox business and its performance.
Microsoft is in Beast mode at the moment they are do amazingly well..
Lol some people are super angry at Xbox doing well 🤣🤣
They could sell a billion consoles, and I wouldn't care. It doesn't mean anything until there's something there I want to play.
@dumahim. I’m 100% with you there. I’m not sold on Gamepass as I still have my Xbox and 360 and all the games that I’ve bought for it. And also my 5 games for the One.
It seems that way, doesn't it? We should all want both systems to do good, so each has competition to better themselves. The Series X IS a beast, but yeah... there needs to be some "must have" first party exclusives for the system. I'm actually lucky because this is my first Xbox. So, playing all the previous games TRULY is new for me. Game Pass is actually a bit overwhelming for me right now. It might be a few years before the Bethesda purchase pays off, but when then next Fallout is exclusive to Xbox, people with only a PS5 are gonna have to get an Xbox if they want to play it. I know that I'll eventually have to get a PS5 if I want to play all the Sony exclusives. Like I said... things are great for both systems right now and we should all be thankful that we can play all these great games.
No gamer should be rating MS on how well their revenues are doing. Revenues do not make the best consoles, best games, and help gamers in any way, shape, or form. Revenues is the money that the vendor collects from gamers and that is it. I wouldn't call what they are doing as "Killing it", "Doing Well", or "Beast Mode" right now. From a console sales front they are third. So, there is a lot of room for improvement. From a first party new games for the new generation front they have nothing. Hopefully, Halo Infinite will set the stage for many good first party games after. There is Psychonauts 2 probably this summer and Flight Simulator, but I doubt anyone is looking at those games as setting standards for the new generation. Other then that, that is all MS currently has promised for this year. From a operating system/firmware front they used the same firmware/OS they used the previous generation. There is good and bad to that. The good... The OS has a lot more features then other consoles. The bad, there was no major innovation in the latest OS. Including no support for 4K in on the XB dashboard. From a 3rd party front they are doing good. They are getting a lot more Japanese games and it looks like none of the 3rd parties are shying away from XB anymore. MS has stopped the bleeding here and can start building again. Like they did for the first years of 360. From a services perspective they are killing it. GamePass is doing really well. Their store has a lot of good features, and while Sony is abandoning movie sales, XB continues to support that. Also, xCloud is really good. I am on the beta for Windows and iOS support and think that MS' gaming anywhere strategy is really appealing to someone like me that travels a lot. From a backwards compatibility front they are also killing it. With many BC features like Smart Delivery, FPS Boost, etc. So, while MS is doing really good in some areas, they have a lot of room for improvement in others. I would give them a B+ right now. If they start delivering on the first party front I would move them to an A, and if they start lifting console sales near second place and get full 3rd party support I would move them to an A+ (which is killing it).
@lushpelican Fair point about PC. I tend to always forget that, as I'm just a console gamer. And congrats on getting to play Returnal! It sounds like it's going to be a great game! And yeah, I'll wait to play it when I get a PS5 eventually. Thanks for the concern, though. I appreciate you worrying about me.
Haven't we heard this before “best ever” “significant demand” “lots of stuff” the devil is in the details and MS currently doesn't like those.
@dumahim What does that have to do with what I said? Are you one of the angry ones? 😂
Again, it appears they are doing well because they're comparing it to the year prior prehaps ?. when they had an abysmal year. One to forget. Despite all there throwing around of heavy numbers subscriptions and suchlike... The real numbers from their acccouts show a different story this is what what investors and hedge funds and such use to invest & decide the true market of the share price/ value accordingly. Not from marketing material that the company themselves throw out. That's like walking into a McDonald's and singing poster saying ”we have the best burgers ever" Of course they would say that! Etc... So any increase, on the last few years, however big or small! -would be a huge increase on that unfortunate sales tally. https://www.google.com/amp/... Sorry to throw shade again but you really can't waste figures and statistics to suit the picture you want to paint.
I don't recall their financials being bad last year though.
He can't even get the fiscal quarters he wants to compare to right, and it's an argument no one is pushing him to make. Stop trying to throw shade, violet. You're bad at it.
Wrong quarter again. You're really bad at this. Yes. Q2 2020 was lower than Q2 19. It was across the board as the gen wound down. But Q3 20 was flat YOY. Not bad considering. Unless you've been sleeping, most of 2020 was then really good for tech companies. So it was flat in the quarter right before Q4 20, Q1 21, and Q2 21's covid boosts were seen. Where is this "abysmal year" you're talking about? I can help you: HW in Q3 was 20% lower than the year before. GP was at 10m subs. Total revenue was flat. Q3 21 (this one we're talking about) is up 50% total from last year. HW is up 200+%. Games and services up 30+%. Highest Q3 they've ever had. On pace to post their highest FY ever by about 34%. Investors are liking what they've been seeing generally from MS as a whole. Share prices should have settled out around 245-250, but they got pushed up about 10% this last month. They'll settle down to about that range soon. Nothing to spin or throw shade about. Their numbers are good.
Lmao gaming had little to do with any rise in stock price. 300% hw increase...the result of barely selling any the year before AND launching a new console. Games and services up only 30% during again sales so again looks good when coming from bad. Lol its all spin...what company doesn't spin their numbers? Also when talking xbox theres never talk of profit, operating costs, only revenue.......wonder why
Jukins, it'll be ok. Maybe their numbers will tank next time so you can feel better about it. Put everything into the fanboy context: XB is outsold by PS and NS every month. nO gAmEz Gamepass is losing money and destroying the industry... Yet their numbers are going...up? Weird. You are right that Xbox doesn't affect share price though. It's why I said MS as a whole. Tell OP about that insight.. also, despite not having those profit numbers you desperately crave, investors are ok with it. Almost like they don't care?
"The real numbers from their acccouts show a different story this is what what investors and hedge funds and such use to invest & decide the true market of the share price/ value accordingly." And share value is up in line with the financial report, what does that tell you? https://finance.yahoo.com/q...
@ Purple But either way, better is better right? I'm not seeing anyone saying its earth shattering. People are simply saying they are killing it because they like the direction MS has taken with the Series. It is a way better perception wise than the Xbox one was, and the potential with what they have done so far, ease of use, phenomenal BC, studio acquisitions and overall turn around has been a big deal which make this gen more interesting. As much as we talk about sales on here, we all know that when it comes down to it the games is what matters and with all the recent acquisitions MS seems to actually be playing in the ball park now, While not immediate, the structure/foundation/roster is there and shouldn't be ignored.
Hmm yeh I agree. Maybe the point I was l making but not explaining clearly... Microsoft as a whole is up 44% -but we'll never know the exact number of the Xbox division.… Most likely down. Despite a rise in "engagement". In the UK and Europe at least, Xbox is pretty dead. You can see this by the shops giving them less and less space for display of games. Especially in the supermarkets and some shops / supermarkets I have been in recently only stock PlayStation! It's never been this bad for them. However maybe in the US, there still holding on. Saying that their numbers in terms of sales of Xbox or tracking just as close to the the old Xbox one and as someone else come and said we all know how that gen ended. With them outsold 2:1
Microsoft is doing great and fan trolls can’t stand that, I’m expecting a lot of triggers in these comments.
Worst console launch ever from Ms. There really are no games from their studios, even now! Without nadelas Bethesda money, they would have to fight like Sony & Nintendo and would be last likes always.
PS5 launch games were atrocious too. a Spiderman 10 hour DLC and a remake of a ps3 game does not make a good launch lineup. Stop the hate enjoy the consoles.
You forgot like 5 other games in that comment magic. Godfall, astros playroom was absolutely amazing, bugsnax and sackboys big adventure was cross play too like miles morales but it also launched day one. Throw in demons souls which is more than just a remaster. It was a full remake and of course miles morales like you said. Plus a remaster of Spiderman 2018. Since then we also got destruction all stars and about to get returnal in a couole days. What did Microsoft launch day one other than air farts? Oh yeah, the medium which lived up to its name. Microsoft with all the money in the world and 23 studios still struggles to produce one game and that's the sad part. Sony with 13 has more output. Hell insomniac alone has had more output with Spiderman 2018, spiderman remastered (2020) Spiderman miles morales and now ratchet and clank, plus another new IP in the works. Xbox was lucky that Google decided to stop producing games or they might have made one first. Same with Amazon. It's sad that a supposed gaming publisher that owns a console in the big 3 can't make one game. They better watch out before Soulja boy releases another console and makes one game on it. It might have a better launch than the series consoles.
You said twice, why are you this angry? 😂😂😂
@MagicLequeenJordan "PS5 Launch games were atrocious too"..... What are you going on about? The launch games for the PS5 sold millions on the PS5 what more would you want? What launch games did Microsoft have? Let me look that up cause I don't know......... Wait what? The Xbox Series consoles had no launch games, NO LAUNCH GAMES! And to this day Microsoft First Party has been unable to produce a single new game for their now 6 month old consoles. You got to be joking this has to be fake news? So Microsoft the ones that spent billions on buying game developers by the dozens can't produce one single game and on top of that they have a rental service and need to produce content for as well? Lol Ohh my god! Your telling me Microsoft can't produce a game for their rental service and they had pay Sony to put new content on that rental service.... Wow! This is the best comedy I've cone across since Trump got fired. I didn't realise things at Xbox were in such mess but when I left Xbox 8yrs ago the writing was on the wall so no surprise. They should've fired Don Mattrick a looooong time ago and maybe they could get that train back on a track.. But at least Microsoft stands behind their Long standing motto "We don't care and it shows"! ....... This is to funny!
"Without nadelas Bethesda money, they would have to fight like Sony & Nintendo and would be last likes always." They are performing well revenue/profit wise, before they even eat any of that Zenimax cake, once them games start being released, figures will go through the roof. Perhaps it is that that hurts you so much, i dunno.....
Don’t mind me just here to read the hate
Lol same. I don't have an xbox but still check. Usually anything xbox related on N4G is met with majority negativity.
Whenever a company in this industry says "engagement" i throw up in my mouth a little.
Where are the numbers? hahaha"Record engagement " this phraseology embarrassing should be embarrassing for all but the most diehard xbox fans. Lol
"Record engagement" 🤔 What is even that! A made up category? No one uses that in the industry to measure performance. Significant demand? Can we have details to measure that? According to VGChartz, series x is selling similar to the Xbox one who we all know was doing low.
Engagement is a better measure than physical sales. You could have a 100 people that bought Xbox's that play it everyday and buy games or you could have 200 people that plays Playstation and only 50 play it everyday and buy games. People who run businesses understand this.
@Superman63 don't group Sony and Microsoft together in this regard. Sony shows actual numbers even when they weren't the best, Microsoft is full of it and will never be completely honest about how the xbox division is doing because they don't have to.
Lol superman what?!?! Game sales makes money, dlc sales make money. Its why playstation makes more money than Xbox and nintendo combined a larger install base of gamers who BUY games...all that other shit you mentioned click, traffic, etc etc all lead GAME purchases...lol you only .are money from a purchase whe. It comes from rhe games. You dont get money from traffic clicks et etc lmao
And yet Playstation revenue beat all of Xbox and Nintendo COMBINED and also broke the industry record last year breaking the previous record also by Playstation back to back years..... so you were saying? Playstation literally doubled ALL of Xbox sales last year. So any way you slice it, sales for games, online or hardware Playstation absolutely dominated Xbox.
That's not true. Sales are always the best measure. "engagement" for Microsoft is just a way to hide their numbers as always.
Even Sony admitted that Monthly active users is a better measurement so no this isn't a "Microsoft hiding numbers" thing. Ask yourself why you're so angry that Xbox is doing great 🤔 The PS4 sold less than the Ps2 and yet made Sony 100x more money. Even Microsoft probably made more money from Xbox One than Ps2 did, Why do you think that is? People played and bought more games. Hardware sales is a pointless measurement.
There are way less Series X's available than Xbox One and you can't get them. They're all selling out.
Well, XSS is widely available, at least across PAL region
@gravedigger Maybe why Tedakin was talking about Series X? What does it matter how many Series S's are available, when most gamers want the Series X?
@Zeref only to the most delusional xbox fans. Saying you're having "record" anything is entirely meaningless without numbers to provide context. We know why Microsoft is doing this because they are trying to present false impression of success. Microsoft does this becuase they look at the xbox division as their little side project.
Exactly. History has teach us that MS is a master at spinning things in their PR statements.
@Thundercat77 "What is even that! A made up category? No one uses that in the industry to measure performance." Yes they do, as do Sony with the PS5 :- https://www.vgr.com/ps5-log... https://qz.com/2002729/even... Quote : "Sony added that gameplay time was up 20% in March compared to March 2019. The increase in sales and engagement suggests that the pandemic didn’t just create new gamers, but that existing casual gamers became hardcore ones. And they’re all spending more on in-game content than they used to." https://arstechnica.com/gam... Quote : "Sony's gaming division also apparently continues to benefit from the effects of the global pandemic, the company said. "Thanks to continued stay-at-home demand and the launch of the PS5, we have achieved a very high level of user engagement," the company said. "Total PlayStation user gameplay time in December was approximately 30% higher than the same month of the previous fiscal year." Numerous uses of high engagement
Engagement as a fan is great and all, however im a little puzzled at all these talks at xbox doing amazingly well. Forget all the pr stuff, Its a games console and for last 5 years they have produced barely anything of note which begs the question why do thry still have nothing to show on XSX? I mean whats have these studios been doing for the last couple of years ? Not to mention out all this time they literraly only have halo coming this year, and going off how xbox fans talk about cross gen exclusives for sony apparently they dont count, so using xbox logic the one big title that is confirmed coming this year cant even be counted. Keep in mind i count it but iv seen majority of u guys using that excuse to discredit sonys ps5 exclusives, so just using ur logic U can say sure ps5 has only a handful of ps5 titles, but thats handful more than xbox right now not to mention all the bangers sony has released eqch and every year, just 2020 alone trumped xboxs whole last generation, so im not sure how much more sony cpuld have procided us with ps5 wise this soon, espcially going how hard microsoft is making it look. I plan on buying XSX once i can get my hands on it, but right now this is the same old xbox, all show and no go. I if simply only owned an xbox last gen and now this gen, id be seriously pissed off like wtf are my games, forget ur marketing and pr and so called gamer freindly moves i want bloody games. Lucky for me i generally buy all 3 consoles so its not much of an issue but seriously guys, i know u want xbox to do well, but the way use are talking, ur making sound microsft is giving u hit after hit, when that is the furthest thing from the truth U can talk about bc all u want but the fact is we spent 750 on our shiny new boxes because we want games that blow our socks off. Ps. I have no issues if you disagree but would be good to see some actual reponses on where what i said is incorrect
Can't speak for you, but i have had plenty of xbox 1st party games to play over the previous years. I don't get your long winded rant "shrugs"
As an owner of both the newer consoles and a sony fan boy, I got to tip my hat to microsoft and the work they've done. The console itself is great and I love how they're taking care of older titles as opposed to sony. Don't get me wrong I love my ps5 also and sony always brings it with the exclusives. Just wish sony would take some cues from microsoft and how they're handling older titles. Hopefully they both have a great line up of exclusives and features this generation.
As long as they are are happy 😑🤷🏻♂️ 🤣
“Record” engagements, since last week 🤷🏻♂️🤣 we had 15 now got 20 that’s a record, not a Guinness one but it’s a record (from last week) nonetheless 🤦🏻♂️🥴 🤣 too much talk not enough actions.
Microsoft is evil for buying companies rather than building their own like Sony did with their 2 biggest, Insomniac and Naughty Dog...... wait.
It’s not about them being evil just about them being same old same old average, doing nothing the others aren’t, oh they got gamepass, great now what games do they themselves put on that service. Yeah I’ll wait. Don’t worry Halo is coming. They have a share button now 7 years is better than never but what about VR what about haptics or anything original 🥱🥱🤷 27995;♂️🤣
Can you name any 3rd party games either naughty dog or insomniac did vs how many sony titles theyve made prior to being acquired? They were noticed and grew with sony an organic buy. Microsoft on the other hand got stomped out of last gen just now sold 50 million xbox ones and went scorched earth because everyone said no games. 3 years 23+ studio buys later still....no...games...
Article like this will always bring the enraged Sony faithful and this time is no different 😅.
wtf is 'engagement' metric??
How some on here can say Sony hasn't got any games for PS5 is laughable. I have a PS5 and series S. To be honest haven't touched the Xbox for months now. Returnal Friday so PS5 again:) microsoft really need to deliver some new quality titles. Still waiting for flight simulator on xbox.
Pr talk. Its normal. No corporation will say that after 6 month the competition already got almost double the instal base. Their numbers are good for them, but like yesterday news about hardware sales and software. It pales in comparison with sony and Nintendo. Nothing change from last gen.
Is it possible that Sony and MS are chasing different market segments? The game industry is a large and diverse pie of and "hardcore" gamers only make up a slice of it. I think it is obvious that Sony is going after this segment and MS is going for the more casual/family gamers. Both will make an attempt to serve the others segment, but it is hard to be all things to all people. This has been one of MS's errors in the past and at least they are trying something new.
Yes keep believing the bandwagon. Such great amazing games lol
Oof the darkness is strong in these comments😂
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