Xbox:
Beginning on October 3, we will update the recommended retailer pricing for Series S and Series X consoles in the United States due to changes in the macroeconomic environment
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."
No freaking way. The regular PS5 is $50 more expensive than a PS5 at launch. A Series S is $150 more expensive than a Series S at launch and is more expensive than a PS5 Digital at launch... which is itself $100 more expensive than it was at launch. I know Sony and Microsoft may be launching new console in the next 2 years... but maybe it is better if they wait another year to get a cheaper entry point. That would give developers more time to get a grip on UE5....
"Xbox says the price increases occurred "due to changes in the macroeconomic environment," and adds that in the future, it will "continue to focus on offering more ways to play more games across any screen and providing value for Xbox players.""
Meaning that thier solution to the price increase is to push streaming. This is not good.
Thanks tarrifs. Worst generation ever.
What on earth? 799 for a Series X with 2TB and the Pro price was tagged and laughed at the most expensive console ever 🙃 here in the UK there's sales on all PS models (digital PS5 for 339) It's like they actually don't want to sell any. Consoles are much more cheaper to make than 2020 and the Series X is $150 more expensive than then. Baffling
they said PS5 Pro is expensive