When it comes to game sales, Sony remained one of the biggest customers of Activision Blizzard for years. Microsoft, however, has been trailing behind not only PlayStation, but Google and Apple as well.
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.
Blizzard writes: "After careful consideration over the last year, we at Blizzard have made the decision not to hold BlizzCon in 2024. This decision was not made lightly as BlizzCon remains a very special event for all of us, and we know many of you look forward to it. While we’re approaching this year differently and as we have explored different event formats in the past, rest assured that we are just as excited as ever to bring BlizzCon back in future years."
How about you not hold Blizzcon anymore period. You fucking POS company. I really hope Blizzard would just die.
PSLS writes: I have traveled across the country using the Razer Kishi Ultra in airports and hotels for both PlayStation Remote Play and mobile gaming in general, and I am thoroughly impressed.
Hence why their games will remain multiplat
Interesting that iOS and Android are bigger than PS and Xbox, I would've expected console Warzone to be bigger.
Either way, it sounds like MS are in for a strong, stable & varied income stream w/ their Activision purchase.
Between COD and Minecraft, they may even be the highest earning publisher on PlayStation which is funny.
That's weird what with Xbox owners buying so many games.
Two things here, it just shows how far Xbox has fallen to lose ground to PlayStation over Call of Duty (which was one of the main reasons the 360 did so well early on)
secondly, I'm tired of PlayStation relying on 3rd party for online experiences, they need to get back to 1st party, with the likes of SOCOM, Warhawk, Killzone, Resistance etc etc
There is this strange paradox that somehow Playstation thinks these games aren't popular, when they don't even exist in the market!
Let's be real. Under the guise of "protecting the console game industry from companies outside it," with no actual proof that those companies were interested in buying, that those companies wouldn't then still make multiplatform games because there's money to be made on all platforms...
Microsoft goes and buys multiplatform PUBLISHERS, that made more money on PlayStation to either, make money off of Sony's run away sales. (Because we have seen every NPD where 3rd parties made more on PlayStation.) Or, take those franchises away from Sony because they're rich enough to monopolize the industry. Same company that joined in Sony's lawsuit with Immersion to make a profit off of the lawsuit. (You never seen Sony or Nintendo join in to make money off of a Microsoft lawsuit. But you'll hear the whataboutism anyway.)
It's not like they could compete with Sony on high quality games when they were worth 1 TRILLION. They still aren't competing at equal levels being worth 2 TRILLION with no releases for 2022. Or spending a half a billion on their biggest franchise that ended up unfinished and full of mtx. Had to give away the multiplayer because the base has diminished from such low quality releases of the franchise.
Microsoft knows that they couldn't compete. So they pulled out the checkbook to cut into sales. Then, give away those games in a cheap service grooming gamers on the idea that buying games is expensive, waiting to buy if you can't afford it is so 90s, or tangible, physical ownership. You've seen the "is it on game pass?" I'll wait until it's on game pass or $10." You've seen it. You've seen how they used MLB against Sony with buyers on sinus system compared to the "It's free/not free on game pass." No "I can't wait to BUY that game. Nope. Groomed and influenced towards subscriptions. Two actually. On top of each other. Even cloud play isn't free. It's part of the service. Not free like remote play. But hey.
Yup. Microsoft. Same monopolistic company under the guise of pro consumer. Ain't nothing changed. But the fans would say it's great for the industry for one player to buy it all up.