This is the story of how the creators of the all-time best selling console almost crippled its own successor’s early life.
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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They retired Ken Kutaragi, moved away from overly expensive custom hardware, and went with more traditional hardware available to the market and listened to developer needs.
After losing so many 3rd party exclusives, they buckled down and concentrated on amazing first party games! God of war 3, Killzone 2, resistance, uncharted, the last of us, MgS4, little big planet, demon souls and so many more games!! They won the gamers back by playing smart! Even though the media and all big gaming websites from ign, gamespot, kotaku etc were all against it!! I had fun with ps2, but it's ps3 where I really grew up and had the time of my life.
I was committed to that whole generation. What turned Ps3 around from being a failure to a success was in 2009 with the releases of the first ps3 slim model with a cheaper price tag, the kevin butler marketing campaign, and a ton of 1st party AAA games that were critically acclaimed and loved by the fans like Uncharted 2 (this was a bigger deal than the first game), Killzone 2 (91 on metacritic), inFamous, LittleBigPlanet (a serious threat to mario at the time), Demon's Souls( it was very niche but the word of mouth and gamespots goty award helped it and helped ps3). The big game everyone that bought a ps3 was waiting for was mgs4 in 2008 and GT5 in 2010. Anyways I think the ps3 was way ahead of its time with the games I mentioned above and breakout hits like the last of us.