A financial analyst says that Microsoft needs to "own up" to the "disastrous" money-losing Xbox business. However two games analysts tell Next-Gen that the analysis is short-sighted and Microsoft unsurprisingly agrees. Multi-angle analysis of the 360 situation inside…
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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.
you should apply in MS PR team buddy, I think you will do a great job in my humble opinion :)
MS: "Xbox services and content without AB up 1%, with AB up 62%. Hardware down 31%. In total a loss of 350 mill."
darthv72: "Seems about right."
MS: "Excuse m ..."
darthv72: "I don't hardly play on my consoles directly."
MS:
What he said was facts. How he plays games is no concern of you. Don't get too mad about it.
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.
to you it may seem like the minority... but your bubble is shrinking because more and more are following suit. convenience is a hell of a drug and its also why physical sales only amount to 30% of overall game sales. times are changing, you either get with them or you get left behind.
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.
Hardware sales are so bad that Sony and Nintendo are blowing the sales off the water with their hardware.
If Xbox are losers, others aren’t..
Xbox already tried everything with Xbox live then subscriptions went down so much that they had to find something else. Their fans subscribed then reached saturation rather quickly.
Hardware and exclusive games is where it’s at! Keep gamers excited, announce decent software and people will support you
@shin
Well keep it simple Sony 's operating income is down 26% and Microsoft's is up 32%. No MS spin there, just facts. 😉
Cheers
MS is after diminishing consoles as a medium. They want to destroy this market because they couldnt win. MS’s vision is to dissolve console gaming.
Odd that a company that touts you dont need the hardware to play is already touting another console in the works.
They are not reliant on the HW but still want to maintain a presence (no matter how small) is a good thing. It shows commitment to the craft. It reminds me of SNK and how they made games for their own hardware (Neo Geo) while also making them for others because they knew there was a market to do so. They knew they would sell more to others but also sell to their own niche fan base.
Perfectly reasonable post down voted by insecure corporation friendly folk.... But not gamers. Real gamer want accessibility and ease of acquisition for all.... Company shills are the only ones still telling us that hardware locking people from games is good for us.
In the last two years they've started exiting the consumer market altogether. All of the newest Surface products are business models only. They can't seem to work out what they want to do with it.
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.
Activision: "we gonna need a bigger rucksack/backpack please"
Microsoft: "why's that"
Activision: "to carry yo' weak ass'
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
The only growth MS will get out of the console industry is if it supports it's rivals platforms. Xbox is a pointless machine now. I can see them on a big push for live next, and they won't give up on trying to buy Steam.
As of right now, there are no monopolies in the games industry, and for the sake of the medium as a whole, they never should either.
And yet the biggest tech companies in America are essentially that. They buy up all the small comps only to kill them off and steal what they have, and if they can't buy em they bleed them to death.
Eventually they’ll realize the value is with the employee not the company. Buying an IP means nothing if the people who contributed are let go. They’ll get it one day.
tech is different because they buy threats and then kill them. Twitter bought Vine and did nothing with it. Despite people seemingly liking it. Could've had tiktok a decade before bytedance. go figure.
They buy IPs not talent. That's why these buyouts never work and the IPs die. Right now it's too expensive to develop games - but I expect that to shift maybe as AI tools can make it easier. The best games have been indie games for awhile as big developers fuck their ips to death with "games as a service" -
Hmmm... Oh well! As long as i can play LOL LOL lol lol lol. Its seems we have a very worried 360 fan. Don't worry about it little fella.
xbox isnt only about making money in the livingroom its about stopping sony taking over the livingroom.
if there was no 360 ps3 would be going head to head with pc !
microsoft wont let it happen.
if they lose 5 billion on xbox they dont care as they made 50 billion on there other stuff.
they just dont want to let sony turn ps3 into the new mac (but good).
marionz is a little mug who needs to wake up. MS is losing money, so they are failing dont try and spin it. They may be making money on there software but the same can be said for Sony with there electronics. We are talking about there gaming console not there software.
Micro$oft's foray into the game console industry is purely to monopolize it, just like with Winblow$ on the PC - and create a cash cow. They know about loses made in console sales and how they need to be made up in licencing. Now, the question is how long they are willing to stick it out and keep taking those loses?
The only way Micro$oft will win is if Sony concedes. This is not going to happen. Sony is still raking in millions with PS2 - an old gen h/w - which is still outselling next gen. And the PS3 is a more powerful machine.
Yes, 360's current and growing library is looking good. Hell, I'm a Sony fanboy but I'm still going to get a xbox(second hand)in 2 years to get my hands on Halo, Forza, Mass, Gears etc. I'm not in any hurry to get one as with my PS3 the games are coming which are just as good. Okay, maybe no Halo killer but that's why I'm going to have to buy that mongrel xbox. But when it's all said and done, these games are merely prolonging the end.
Okay, sony made monumental mistakes and got off to a bad start but the tide is clearly changing in their favour:
* PS3 library is growing - the great games are coming.
* PS3 net service improving - they have learnt from their mistakes.
* PS3 price will drop - as it always has with consoles.
* PS3 is a PC alternative - which the PS2 never was and which the 360 won't be.
* PS3 sales will increase - as the PS2 buyers eventually migrate.
Sony will not be conceding defeat especially when Little Big Planet arrives in 2008. This simple game will finally give PS3 victory because everyone who's anyone will want to play this game. It's simply great fun which is what gaming is all about. Also, User-created content is the future of games.
http://youtube.com/watch?v=...
What is also the future is the PC Console(aka Home Entertainment Centre) - gaming, internet, productivity, media centre. Sony hasn't promoted the PS3 as a PC alternative yet, although it clearly is with Linux and FOSS such as Firefox, OpenOffice, NVU, The Gimp etc, installed.
http://youtube.com/watch?v=...
Most PC users dont need a high spec pc. So it doesnt make sense to buy a PC and a console when you just need to buy one unit - the PC Console. Put your loyalties aside, this is obvious. And once people wake up to the idea of the PC Console then the war will finally be over. Ps3 is the very first PC Console and it certainly won't be the last.
So....Micro$oft will lose the war. The faster this happens, the faster they can simply focus on software development and port their great games to the PC Console victor. I can't wait to be playing Forza 4, Halo 5, Gears 4 on the PS4. Come on xbot fanboys. Open your eyes. You are merely prolonging things. Bring down micro$oft and stop them from monopolizing the industry. You will still get all those great games and exclusives you rant on about. But they'll all just be on a different and superior piece of hardware....which is how you should be judging a console's merit, by the way.