Sony hosted its financial conference call, and CFO and COO Hiroki Totoki provided insight into the plans for the PlayStation business.
It was also mentioned that Helldivers 2 is doing better than expected and Ghost of Tsushima for PC and Destiny 2: The Final Shape are contributing to earnings.
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.
That's good for Giving us constant stream of games
Hopefully this means they are going to stop laying off staff members then
Oh wow, I totally forgot about Bungie's 'Marathon' and did actually confuse it with 'Concord' over the last several months thinking to myself "Wow that game looked so promising when it was announced and now it turned into this."
Man, just had to re-watch that trailer again now of 'Marathon'. Looks so good & interesting in its art style.
However, I am getting a little bit nervous about the "in order to consistently and continuously release hit titles.”
I mean no doubt about it - I wish the PS Studios to do exactly this.
But I also just wish they keep their cool.
Don't they rush things, don't they crunch ppl.
I really wish for the PS Studios to have a great working atmosphere and that Hermen Hulst knows better than Ryan about not putting studios under pressure.
Wasn’t that the plan before?