The game industry is currently undergoing "major changes" due to the proliferation of smart-devices and the "increasingly competitive" console market, Tomb Raider and Final Fantasy publisher Square Enix said today as part of its latest financial report.
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."
Translation:
"Expect to see more and more of our games coming out exclusively for smartphones, because we're SquareEnix and we believe that Japan = world"
Translation: Because the industry wants to go in one direction, namely low production costs for iOS and the additional revenue of DLC and microtransactions, while console gamers would like more involving and intricate titles, meaning higher cost to make, we will continue to push the popularity of iOS and DLC. Because we are entitled to money for half-assed service.
*sigh* more iOS/android/mobile games inbound from Square-Enix, who no longer seem to give a f*** about making good games so long as they can phone in any effort and milk people via microtransactions and DLC.
Sakaguchi, you really shouldn't have left man. Your company has seriously gone down the toilet without you.
Funny how everyone criticizes their decision of making crappy games that generates much more profit at much lower risks and production costs.
Do you really think 'quality' is a concern?
It is only a concern as much as it affects money making. So, if the money is on crappy games that cost close to nothing, why would they risk millions for a much lower audience (us)?
We are the tiny minority. Casual gaming has won a long time ago. Doing a good AAA game is so last gen.