Boomtown writes: "The gaming industry is one of the fastest growing industries in the world. The number of people with some form of gaming technology in their home is at a figure not even dreamt of by the amateur game creators of yore, many of whom probably thought we would all be playing table-top Dungeons and Dragons by 2009."
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."
I agree with some points and glad he didn't start putting up NPD numbers or I would have stopped reading. PC gaming sales has taken form in Digital Distribution and nobody knows exactly how much revenue is being pulled in by Steam and Direct2Drive. My guess is there is a good reason these numbers aren't being released.
I've been looking into upgrades myself but at the moment it seems like the pc has been gettin ports of console games that run just fine on a 3870 or 8800. So now is not the time for an upgrade.
Though I don't know if i'll be able to resist the hd4870 at $150 later this week.
Wow whats with all this "PC is dead" news lately? World of warcraft alone just shows how alive it is! 12 million people? and so many more playing other online games! come on guys get real!