The latest buzz from Activision is that the company is planning to cut off ties to the Playstation 3 if Sony is unable to make a sizable dent in the gaming market. Activision's claim is that they are losing money on developing games for the PS3 and there aren't enough consumers out there interested in buying games for the console. The Activision CEO even went so far as to demand that Sony cut it's price tag for the PS3.
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
The charity event will be streamed live from Gamescom in August.
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.
Ok first off I really want to see these apparent claims that activision is "losing money" for developing for the ps3 as that makes no sense at all. Both notable COD games sold well on both platforms. Secondly the CEO never demanded they lower the price. He wants its and has stated that he was hoping for a ps3 price cut but never demanded it.
Secondly Activision could never cut ties with the ps3 just for the simple fact they'd be losing too much of their fanbase for all their games. Thirdly the lead between the ps3 and the 360 is slowly closing...ps3 at 23-24 mil while 360 is at 29-30 mil...Secondly its not just bluray its sonies First Party Support that have been keeping them alive...Blu ray is just a bonus.
Last, the GTA franchise never jumped ship they only went multiplatform. They never were really exclusive to sony. Its just that at the time the ps2 was the only viable gaming system to dev for. Even when the xbox came out they made GTA:SA for it so they never were biased toward Sony.
Make no mistake losing the worlds #1 publisher would be a massive blow to the ps3
I would be most worried for a domino effect should this take place. All those devs that b1tched about how tough the ps3 is to work with might follow activisions lead and that would be leave it basically Dead in the water. Even sega had a good first party line up back in the day but that didnt save it.
Activision is a public company with shareholders to answer to. If their ps3 skus are continually underperforming it would be irresponsible for their CEO to not do something like this.
Hopefully this will light a fire under sonys behind and they will work to adjust their pricing to a more mass market level and bother to market their products properly so this discussion would be moot