Today, following the news regarding the acquisition of Activision, Blizzard, and King, Microsoft hosted a livestreamed conference for investors.
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
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."
Strauss Zelnick says price of GTA 6 is being carefully considered and that Rockstar is focused on "making the most spectacular piece of entertainment on Earth."
If GTA 6 abandons everything that made GTA 5 great, it will crash and burn right out of the gate. GTA 5 was funny and not at all PC. My worry is that they will cave to the PC crowd and ruin the vibes.
They got freaking BBLs twerking on the top of trucks for the gram, the freaking Flordia joker, and dude running down the stree in their undies and you are worried about it being 'too PC'? The internet has runied gamers. It doesn't matter how non-PC they make the game, you will all listen to the grifters telling you not to believe your lying eyes lol.
"Rockstar Games’ co-founder and former VP of Development Jamie King said he envisions GTA 6 as a game that’s “maybe not quite as edgy or quite as funny” as its satirical predecessors."
oh yeah, totally internet grifters spreading rumors...
That's part of the plan, they destroyed you but they need to destroy the shareholders? Only 1 shre holder is the true elite that don't care
Meh.., if it’s above £55 I ain’t buying it.
Rockstar are genuinely not half the company they used to be. I was a die hard GTA fan I’ve purchased every game and expansion and spin off day 1.
My opinion of GTA6 is that I can take it or leave it. Not bothered. They burnt too many bridges.
So they're actually leaving the door open for an L.A. Noire sequel? Nice!
He should just come out and say it already it's getting stupid it's going to be a 100 bucks $200 for the special edition🤡🤡; 29315;🤣♿
I won't be getting this game until I can get it for $70. SHoot, I could wait for it to be even lower. I don't need the game that badly as my backlog is still huge and I am enjoying playing other things.
So this is how gaming dies, with thunder applause.
Sony should put together a cinematic polished AAA first person shooter, maybe reboot Resistance or make SOCOM first person on PS5 (drool) or start up a new IP, PlayStation needs a great first party - first person shooter imo
Was not expecting this news today but doesnt bother me to much i have all 3 consoles so im set and ready to go.
Just blows my mind the money MS are spending even if it is peanuts to them, sony gave them a good spanking last gen so its good to see there not gonna let it happen twice.
In saying that i hope they leave the aqusitions here or if they do buy further then make it just individual devs not the whole publisher as this could get out of hand real quick.
Competition is good guys, we want sony and ms to do well so they keep each other honest which in turn means we as gamers get better games and deals.
Let us not forget, Sony has over a dozen better studios, than what Microsoft already bought and faded away. Until Microsoft wants to buy those too, we're still fine.