Microsoft reports ‘best non-holiday quarter ever’ for Xbox revenue

Thread: Microsoft reports ‘best non-holiday quarter ever’ for Xbox revenue
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Microsoft reports ‘best non-holiday quarter ever’ for Xbox revenue | VGC

Xbox hardware, content and services revenue were all up in the third quarter…
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Microsoft's gaming business has posted record revenue for a non-holiday quarter.

On Tuesday the company announced its results for the third financial quarter ended March 31, 2022.

Gaming revenue was up 6% year-over-year, from $3.53 billion in Q3 2021 to $3.74 billion.
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"With our Xbox Series X and S consoles, we have taken share globally for two quarters in a row," Microsoft CEO Satya Nadella said during the company's third quarter earnings call.

"And we are the market leader this quarter among the next-gen consoles in the United States, Canada, the UK and western Europe."
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IrishWhiskey said:
Gamepass must be doing very well for them, I have it myself but starting to think it is a bad direction for the games industry to go so maybe I should cancel.
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Tbh it's bad for gamers in the long term - if ownership dies then our corporate overlords will have even more control over what we play and while there's value there now you know that once the oligopoly is established fully the prices will be jacked up through the roof. It's a compelling offering no doubt but quite clearly unsustainable, and I don't think it creates healthy incentives for games companies either if, as I suspect, payment is based on 'engagement'. What you'll end up with is a bunch of skinner boxes keeping the hamster on the wheel.
 
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Taken market share or grown in the market?

Microsoft are capitalising in next gen by flooding the market with consoles while Sony struggles to keep up with demand and holds back shipments ready for their June showcase - it's bad pr to announce a load of new games and nobody be able to get them, or the PsVR2.

OT Kikerosoft (please replace theis with Microsoft if that name is too racially charged, I only used it because I made me chuckle) can make as much money as they want but until they get their arse in gear with launching decent next gen games they can fuck off. Their output has been abysmal for well over a decade and are a far cry from the company that gave me the best 10 years that console game has had to offer.

And I'm fed up of hearing "just wait until next e3". Show me the games. Sick of it.
 
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IrishWhiskey said:
Gamepass must be doing very well for them, I have it myself but starting to think it is a bad direction for the games industry to go so maybe I should cancel.
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I own a Series X, but yeah, GP is bad For a number of reasons. When game companies stop having to make games that sell for $60, I think quality will suffer. Plus, how is an army of subscribers who paid $1 for a subscription worth a damn thing?

I'm a free market capitalist, but I'm also an opponent of bad ideas, and the fundamental idea of GP is that you get a lot for very little, which is not going to lead to healthy things in an already shaky market. The whole idea sounds reminiscent of the government paying people to stay home during Covid. People began expecting to not have to work and I wonder if people will begin feeling like they're entitled to games without paying for them in the same way.

We all know how absolutely expensive these games are to make, and how is anyone supposed to recoup costs if the market becomes comprised of these service based platforms where people can just keep using coupons and promos to pay nothing to play all the games that come out?
 
HariSeldon said:
Tbh it's bad for gamers in the long term - if ownership dies then our corporate overlords will have even more control over what we play and while there's value there now you know that once the oligopoly is established fully the prices will be jacked up through the roof. It's a compelling offering no doubt but quite clearly unsustainable, and I don't think it creates healthy incentives for games companies either if, as I suspect, payment is based on 'engagement'. What you'll end up with is a bunch of skinner boxes keeping the hamster on the wheel.
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secondary market where I live has XBOX's at 640-675$ (CAD).

PS5's are still 700/800 heck even 900 and 1000$.

In my travels I have found mutlitple XBOX's in the wild, but only 1 PS5, and that was bundled at a gamestop.
 
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cryptoadam said:
secondary market where I live has XBOX's at 640-675$ (CAD).

PS5's are still 700/800 heck even 900 and 1000$.

In my travels I have found mutlitple XBOX's in the wild, but only 1 PS5, and that was bundled at a gamestop.
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Not that I'm out and about that much but I have only seen Series S' in the wild. No Sony consoles at all 4s or 5s. No OLED Switches either.

Also, good for MS. I'm a game pass fan dork so hopefully they keep it going.
 
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Neil Young said:
Not that I'm out and about that much but I have only seen Series S' in the wild. No Sony consoles at all 4s or 5s. No OLED Switches either.

Also, good for MS. I'm a game pass fan dork so hopefully they keep it going.
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S's were the most common but about a month or so ago X's started popping up.

Never look for OLEDs so didn't notice, but I do see switches but I think they were most likely the OG and LITEs.

PS5 LOL. If my buddy didn't buy one for 1200$ and bring it over I would be convinced they don't actually exist and Sony just shipped out boxes to retailers and pretended that they made a PS5. I mean fuck my ballsack how are we in the year 2022 and you still can't buy a PS5 at a retailer?

I just want my digital edition Cmon man.
 
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Ps5s and Series x are still pretty hard to walk into a store and buy........but i will say that having the Series S there is a pretty good sales booster as ive seen alot of parents walk out with these as they dont own
oled or massive 4k tvs..the series s makes the perfect spare room or kid entertainer console if they dont own a switch...which pretty much everyone and their dog does
 
HariSeldon said:
Tbh it's bad for gamers in the long term - if ownership dies then our corporate overlords will have even more control over what we play and while there's value there now you know that once the oligopoly is established fully the prices will be jacked up through the roof. It's a compelling offering no doubt but quite clearly unsustainable, and I don't think it creates healthy incentives for games companies either if, as I suspect, payment is based on 'engagement'. What you'll end up with is a bunch of skinner boxes keeping the hamster on the wheel.
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thats where me mateys come in.
iu
 
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