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."
That is pretty cool stuff. There is a lot of potential here I think.
This looks like the future of gaming.
Although we didnt see anything in regards to streaming HD games etc. The interface itself is really fluid and well thought out.
I wonder what those showcase videos are actually videos of, ie. if there someones brag clips etc.
it does indeed look to be the future, However I think the basic 'content' would take a long, long long time to be on par with the retail power of 'buying' your own games seen as this system depends 100% on games publisher support & content provided.
I would imagine if its subscription based, Its going to be classic & budget titles available at first. unless of course there is a 'hire' service for new titles for say a time based fee which I assume there will be, its almost like hiring games at your local store instead of buying them ...this just takes away the actual task of going down to the shop to 'get' your hire game.
Very very interesting, But again I wonder if game publishers will fully support it or just throw budget titles at it ...I cant see this system making the game publishers more money than the old fashioned way of charging us full whack at the stores.