Jeff of Just Press Start writes:
"This is an article about the cost of gaming, but from a different perspective:"
Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.
Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.
To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.
The stock mark is what makes Microsoft remarkable, They have convinced every institutional and retail investor to just keep piling money into them. Like many big tech giants they are just a big growing pyramid scheme. As long as people keep dropping money into ETF's that cover the market Microsoft will always be liquid. At the same time it is completely stifling innovation and competition. People need to start being more discreet in how they invest their money as it's killing the system.
Riiiiight because people will just flock back to them for one or two games per year.
15+ years of bad performance is what they call irreparable in business. It is time for them to sell off the assets and get out of entertainment.
These declines are on the back of extra revenue received from releasing games like Forza horizon 5 on PlayStation. So I’m being sarcastic here when I said they should go back to exclusives. Killing off a revenue stream from Ps5 sales will only make things worse
Thanks to the slip-up of an artist working on the title, we now have more evidence that a new Injustice game is in the works.
Spiders: "We're going to cut straight to the chase so you're not left wondering: After a long period without clear answers, we have received confirmation that Spiders is being liquidated.
What does it mean? This means the company as a whole no longer exists. We'll cease our functions immediately. The planned DLC will release via Nacon, and then-- well, that's it.
We're sorry that it's come to this and would like to thank each and every one of you for your support over the years.
If you have any questions or run into issues with your games, please contact Nacon directly as we'll no longer be able to reply."
I have no problem paying for content as long as it delivers what my hard earned money asks for. I think the current price point for games is spot on and I understand the need for consoles to have a high initial price to make up R&D. So long as you don't absolutely have to have the latest and greatest right now, prices always drop for the frugal gamers.
I agree with you about the initial high console price, although I still have trouble justifying $60 for a new title... I'm more concerned with understanding the brand loyalty, and I think it truly has to do with justifying a purchase if buying ALL of the consoles just isn't an option- It's why we get so upset when a game we LOVE gets a bad review- It somehow makes our choices seem ill-informed.
"Most gamers can only afford to support one major platform. Therefore, we need to justify the money they’ve spent on that platform. In order to do that, we logically conclude that what we’ve bought is the only “good” alternative, because we need to vilify that which we cannot access. We feel forced to make a choice, and we resent it."
I read this and I have to disagree. I purchased my PS3 first because of the previous exclusives that were going to be sequels for ie. God of War, Tekken (before I know it was going multi) I eventually got a 360 for Gears and honestly gears only but I have had tons of fun on both systems. I was never jealous of any system that I didnt have. If there was something I didnt purchase it was because I truly didnt want it or it didnt appeal to me. If I (or anyone) really want a game system they didnt have you WILL find a way to get funds to purchase it. Not arguing with the guy I get what he's saying and agree with some of it but not that quote I took.