"What’s a computer" finally gets its day in court
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
The charity event will be streamed live from Gamescom in August.
Microsoft giving evidence for Epic games is a stupid risk. if the judge sides with epic about computing devices needing to be open and apply that we are looking at end of console business...
It’s amazing the balls fortnite gave epic and how scummy Microsoft is for siding with them in this. This is ALL about fortnite profits from stores. They want to take home even MORE money. The lengths they are going. Epic literally wants to turn gaming on its head over 30% that’s been the same since forever. Everything else is more expensive and they still aren’t upping cost and fees in devs. If fortnite was not the major hit it became this would have never happened. I am really shocked and disappointed that Microsoft is trying to support this. The greed is real. I’ll never buy a epic game again. Microsoft is literally like the guy that sides with the villain so he can be saved later.