For the last few years, Microsoft has been struggling to recover from the let down that was the Xbox One launch. Phil Spencer’s team has been working hard to repair the brand’s image in the eyes of fans. The Xbox team brought us a game-heavy conference, a promised commitment to giving gamers the best experience from their Xbox One, and the new most powerful console on the market While not quite perfect, Microsoft came out swinging.
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
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they closed the show with a ''3rd party game'' look at sony : they close with a bomb such as uncharted, days gone, last of us, HZD, ......etc
They failed to justify the 499$ price tag for the Xb1 X, which should have had much more first party/exclusive show-cases. Especially after all the hype about 22 exclusives, when most turned out to be timed ones.
The conference get a 6/10
I didn't find it convincing at all.