Hooked Gamers writes: "According to Stan Shih, founder of Acer Computer, the United States will no longer be a force in the production and distribution of personal computers. Mr. Shih says that the US will no longer be able to compete in the low cost computer market. He says the US will be out of business with in 20 years and that the Chinese will take the market over completely during this time."
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."
Here is the thing... Cost of living and worker pay in China WILL RISE over the next 20 years. Making them LESS profitable.
All the American Companies that outsourced to INDIA are seeing this now.
As more demand/jobs entered India (tech support) wages grew. Companies are now slowly moving OUT of India to find the next cheap place. No place will ever be cheap forever. That is the Catch.
China has been becoming more and more capitalist over the years. They are not really "communist" anymore. China just became the biggest Automobile market in the world...They aren't all riding around on bikes anymore. China's middle class will grow, causing wages to rise. (At the same time America's middle class is shrinking. It will be a cycle.
Maybe if the American companies worried more about making and releasing a quality product something like this wouldn't be a concern. But lead by MS and the low quality products they make and sell it is only a matter of time before the floor falls out from under them. The American automobile industry is in the same position now for the same reason. Selling inferior products at outrageously inflated prices just to pay some bum an over inflated salary they don't deserve. It makes me embarrassed and sad to be an American sometimes.
Just yesterday there was an article about the cost of a PS3. What people didn't evaluate was this.
http://www.n4g.com/NewsCom-...
It seems even Japan has found that the cheaper manufacturing cost of china has allowed them to mass produce cheaper technology.
This has been going on for years stuff being out sourced to other countries why would a company have to pay that much money in wages and taxes. If a company like Dell were to bring a cheap laptop to the market made in the states they would loose money with the cost of the product with materials, wages for the employees, and taxes that go to the goverment. When they can have a laptop built in China at half the price keep the labor price down probably half the taxes and Dell still walks away with a fat wad of cash and thus turning the savings onto the customer. The only thing I hate about outsourcing products is a person looses their job to overseas where it is cheaper and they use chemicals that are banned and have a hostile work place I would rather stop the outsourcing and pay a little more knowing someone still has their job.
All americans should start worrying now. I AM!!! oh wait never mind .... 2012