PS3, in North America, has been handily outsold by Xbox 360 in 2011. Microsoft has been building on its momentum since last year with the Kinect platform, but the recent PS3 price drop to $249 is clearly having an impact. The question is: will it be enough to top Xbox 360 during the holiday period? If Microsoft stands pat on price, then yes, says Wedbush analyst Michael Pachter.
For Xbox’s hugely expanded gaming division, anything that isn’t Call of Duty is now a failure, and that’s a problem
Honestly, If I worked presently for Microsoft's gaming division, I would update my CV and look for work elsewhere...
"Now"?
How about "ever"?
They closed so many of their dev teams during the second half of the Xbox 360 era. Have we forgotten history so quickly?
Dummy fake journalists acting so surprised over these recent closures, when this is something that's been going on for well over a decade now with MS.
"The sudden closure of several video-game studios at Microsoft Corp.’s Xbox division was the result of a widespread cost-cutting initiative that still isn’t finished.
This week, Xbox began offering voluntary severance agreements to producers, quality assurance testers and other staff at ZeniMax, which it purchased in 2020 for $7.5 billion, according to people familiar with the company’s plans. Others across the Xbox organization have been told that more cuts are on the way.
Speaking about the closures more broadly, Booty said that the company’s studios had been spread too thin — like “peanut butter on bread” — and that leaders across the division had felt understaffed. They decided to close these studios to free up resources elsewhere, he said.
Game Pass has not seen the massive growth that Xbox boss Phil Spencer may have been hoping for."
"Speaking about the closures more broadly, Booty said that the company’s studios had been spread too thin — like “peanut butter on bread” — and that leaders across the division had felt understaffed. They decided to close these studios to free up resources elsewhere, he said"
So what you're saying is...you bought all these studios and you guys can't run them.
Jesus.
Reports are suggesting that Game Pass will be getting a price hike soon and that Call of Duty may not be added to the day one offering. I honestly have a hard time believing this but it does beg the question why exactly did GP fail? I think the answer is that it just didn't get the growth that it anticipated. Jim was right but I wish he wasn't because at the end of the day, its gamers, devs and other front-line workers who have to absorb the blow for Spencer and team's miscalculations.
For all the armchair executives who were calling for Sony to release its big-budget AAA games on PS+, the same exact thing would have happened at PlayStation. Game Pass has killed Xbox. Congrats.
Twisted Voxel writes: "We've almost reached the end of the 1st half of 2024, and Xbox has had more studio closures than first party game releases in the year so far."
Hellblade 2, Indiana Jones, Avowed, Towerborne, and Call of Duty are still to be released this year. Marcus Fenix collection to be added to the list with the Xbox showcase, hopefully.
Sony doesn't have to bother fighting the next Microsoft acquisition. The massive layoff by themselves should be enough to get the next big buy blocked.
So if MS hadn't spent $80 billion consolidating the industry just think of all the games and jobs that would have saved.
MS is a drain on gaming and have been nothing but a negative.
I'm sure it will happen soon enough and you can bet MS will advertise that price cut to no end.
I doubt that the ps3 will outsell the 360 even with its recent price cut.
i'd like to know what price cut they need when the damn system has been cheaper for god knows how long.
Never gonna happen...........move on guys and gals nothing to see here....just Pachter giving hope to ps3 owners who have been wishing for this to happen since day 1 :)
Probably right. BUT,I highly doubt MS is going to stand idly by and not do a price cut too.