Xbox gaming missed management's internal annual revenue estimates by $780 million, and also failed to meet expected Xbox Game Pass subscription growth.
The case file exhibit list includes one very illuminating 80-page internal Microsoft document that outlined where Xbox currently is and where it can grow. The slide deck, which was issued during Microsoft's Q3 FY22 (January - March 2023), has assigned an estimated revenue target of $17 billion for the Xbox games division. Actual results were quite different--Xbox made $16.22 billion in FY22, missing the internal target by some $780 million.
Another leaker has claimed that a PSP/PS Vita style PlayStation handheld is in the works, and it'll supposedly support PS4 games.
If you had every PS1, PS2, PS3, PSP and PSV game then sure but I mean if it's just the PS4 why not just get a Steam Deck?
Rumour has it that Microsoft has a new Xbox in the works, and its launch will coincide with Infinity Ward's next COD game.
So that’ll be £1000 with a zen 5 cpu and god know what graphics card
Good one
Also now they have promised cod on nintendos systems, the switch 2 might become VERY popular as a cod console with the kids, tethering it to their 5g phones, or the schools WiFi hehehe
Don't believe it. The documents from the FTC case say 2028 and that holds more weight than this.
I think they are going to drop a handheld next year and a next gen console the year after. I think it'll be one sku though at launch
This is another thing MS is doing that I don't like. Like chill, foster your teams and try to make the beginning of some good series on the already powerful series x. They are trying to rush this gen. It's coming up on four years. So this gens life will be 5 years and on the 6th the next gen will be released? Stupid. Makes no sense especially seeing how long everyone has supported the Ps4 and Xbox 1. Annoying.
Yea, they have had terrible 1st party support for 2 gens now. Why would anyone rush out to get this new XBox, especially when they plan to bring the games they do have to Playstation? I love PS5 + Switch + PC. I don't see the point of an XBox console at all.
So, Microsoft has sold less consoles than the previous gen the past two generations with this most recent generation falling off the most. And in this current generation the most popular console by far is the least expensive one. But they are going to try to push out another console that is supposedly powerful not the thing that actually worked for them a cheap game pass console...
And they are going to come out with this thing when the PS5 Pro will be on the market so it's unlikely that they will be able to make any significant power gains. Certainly not to the point that PlayStation 5 won't be able to play the games. Heck we see how long the PS4 has stayed relevant, PS4 games will still be getting released in 2026. And given their console sales track record no publisher under the sun is going to skip PlayStation to make games for xbox. And with the way Microsoft is positioning themselves as such a rival publisher I can't imagine many publishers really looking to prop xbox up. Heck we hear rumors of publishers skipping xbox for releases.
If this is actually true, this thing is DOA.
Polish headquarters of Sony Interactive Entertainment were raided by government authorities as part of an investigation into their anti-competitive practices.
Wonder if it had anything to do with this? https://n4g.com/news/255721...
Or we can blame Sony's aggressive competitive business tactics that Microsoft themselves use too!
'Your business is not necessarily meeting its internal targets today?'.
'It is not right now, no.'.
For once, I believe Phil.
Because you guys need to make quality Games nuff Said.
Target to grow GamePass subs by 73% a year? That sounds really aggressive - it's a hell of a target
Microsoft will be out willingly from console market soon. They will go Cloud gaming and be come Biggest Publisher for every gaming platform on the world. Especially PC.