January 6, 2008 - President of Entertainment & Devices Division Robbie Bach offered some encouragement to Xbox fanboys distraught over Nintendo's newfound dominance in hardware sales. Despite being surpassed by Wii in console sales in '07, Xbox 360 managed to sell more software. In fact, Microsoft raked in $3.5 billion in the U.S. through November of last year with the 360. According to Bach, that is a billion dollars more than the Wii pulled in.
Bach said he expects Microsoft's mega-machine to enjoy "the biggest year ever videogame history" in 2008. This could well be true. Xbox Live has now tallied more than 10 million subscribers and did so six months faster than Microsoft expected. The unexpected spike in subscribers is what led to Xbox Live connectivity issues through the holidays.
Sadly, no major announcements were made at during the keynote address.
This could be fun as they make great tables. Go big or go extinct. Prime your senses for a neural handshake and step into the cockpit of a Jaeger. It is on you to cancel the apocalypse when Pacific Rim Pinball comes to Pinball FX on May 16.
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.
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.
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" -
With the incredible success of the Xbox 360 this generation and the market leading position it has cut out it is in a great position to capitalize on its situation and move forward as the premier console this generation. With strong demand for Xbox 360 hardware and software continuing into 2008 the Xbox 360 has everything it needs to continue to strengthen its position and expand into new demographics and audiences this year, especially with all the AAA titles that are coming out this year for the Xbox 360.
Award winning marketing genius/guru Jeff Bell (Corporate VP for Global Marketing, Interactive Entertainment Business, E&D division) put it best when he said that "we wouldn't trade places with anyone" and he's absolutely right, the Xbox 360 is in a enviably strong position right now. But it must make the right decisions to move forward and this is a crucial time for the Xbox 360s future. With the high caliber of diverse and creative talent heading up the Xbox team these days I have no doubt that the success of the Xbox 360 will continue to grow even stronger
I have not seen any good games on 360 for this year, what the hell is he smoking?
hardly any exclusives worth buying, HD-DVD is losing the war and so more people will buy the PS3. not just for Blu-ray, but for MGS4, Killzone 2, LBP, White Knight Chronicles, Yakuza 3, Gran Turismo 5, Heavy Rain, Infamous, Tekken 6, etc.
The biggest franchises in the world belong to the PlayStation brand and Sony is already beginning to dominate 08. Actions speak louder than words, and that is exactly what Sony is doing right now with Warner/New Line Cinema going Blu-ray exclusive, the format war is over.
CES for Microsoft this year was a complete disaster.
The wii games are £10-£15 less than the 360/PS3. No wonder he can say they sold a billion dollars more (about a third more revenue for units which cost a third more. Go figure!).
Expect more family friendly games from MS this year then, as they copy the Wii stuff, which means that for 'hardcore' gamers, this isn't good news.
No one company will "dominate".