More technology giants are coming out against the latest round of tariffs against Chinese goods proposed by President Donald Trump and his administration. Apple has filed a public comment, and there's also a joint comment between Microsoft, Nintendo and Sony Interactive Entertainment.
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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The enemy of thine enemy is'eth thine friend
Clown in chief messing everything up for everybody.
Who would have thought that making a situation worse is not the going to make a situation better?
The playbook changed the moment that China's economy started to overtake our own.
You can't hurt their economy without hurting everyone else.
Why'd we elect this moron again?