Xbox employees are bracing for what follows more layoffs.
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."
They really seem to believe every gamer cares about Call of Duty games, while so many gamers flocked to a service like Gamepass because they cared about all kinds of different fun genres to try out and enjoy.
Call of Duty holds absolutely zero value to me and many others.
These decisions about the gaming industry these past few years have been made by suits who just look at spreadsheets and buzzwords, and have absolutely no clue about what kind of industry they're in, and what ('classic') gamers want (from a console) ... which is a wide variety of games across different genres.
These suits just want everyone to stick to 2-3 genres they can sell to you as a service or subscription so they can keep monetizing the exact same thing over a longer period of time, and that simply is just never going to work, at all.
The industry is truly in a depressing era right now. Just look at a game like Forza Motorsport (full-scale SP career mode with plenty of tracks and cars) to see what was and what is now left of it (Always Online, barebones minimum of tracks, focus on online MP, etc) a hollow glossy shell of former greatness, because instead of releasing a game, they want to sell you a service and add stuff over the years to come ...)
Unless these studio-execs wise up about what a game console is, and what it should offer to most of us gamers, our hopes is now on indie-devs, as well as devs from emerging markets to pick up on these opportunities.
Yikes this is just keep getting worse ppl who Said Activision being bought under Microsoft was good for gaming where that at huh?
Everybody wants Xbox to fail then gets mad at them when the lack of growth of its products/services lead to closures. I read the comments. Everybody hates on box and celebrates when sales hardware sales drop or when it ends up in 3rd place for that quarter. I’ve experienced the shit talking firsthand. Everybody celebrated gamepass growth slowing down… well. This is the other side of that. You can’t want Xbox to fail then be mad at them when that starts becoming a possibility. Time to be grownups if you’re going to join the conversation.
#gamerLogic