At the BMO Capital Markets Interactive Entertainment Conference on Thursday, Microsoft said it expects to hit a notable milestone with the Xbox 360.
"By the end of this month, we expect our global installed base to reach 25 million units, surpassing that of the first Xbox," said Mindy Mount, CFO of the firm's Entertainment & Devices Division.
She said that the milestone is still "only a start," as "more than three-quarters" of a console's sales occur when it drops to $199 or lower. Three current models of Xbox 360 range from the $199 base Arcade version to the $399 Elite version following an early September price drop.
Due to that drop, Microsoft said sales of Xbox 360 rose 42 percent month-on-month in the U.S., 62 percent in Europe and 500 percent in traditionally Xbox-averse Japan.
This could be fun as they make great tables. Go big or go extinct. Prime your senses for a neural handshake and step into the cockpit of a Jaeger. It is on you to cancel the apocalypse when Pacific Rim Pinball comes to Pinball FX on May 16.
Microsoft just posted the third quarter of its 2024 fiscal financial results. The software maker made $61.9 billion in revenue and a net income of $21.9 billion during Q3. Revenue is up 17 percent, and net income has increased by 20 percent.
Xbox content + services up 62% while hardware down 31%... seems about right with the way they tout you don't need the hardware to play. People can play on their phones or smart tv or other means. I don't hardly play on my consoles directly since getting devices like the logitech g-cloud and ps portal. Which is to also say I have been playing more digital than physical because of these devices.
Too expensive hardware when others offer the same or more for less? Good work, Green Team.
"Despite some early successes for Xbox games on rival platforms, Xbox hardware is down by a massive 31 percent this quarter."
"Without Activision Blizzard, Microsoft’s overall gaming revenue would have actually declined this quarter."
"Xbox content and services would have only been up a single percent without Activision Blizzard..."
"It looks like next quarter is going to be a similar story for gaming at Microsoft, too."
That is crazy... so A/B/K is carrying the whole Xbox gaming.
Oh and Microsoft will be fine. Windows, Office and Cloud are growing with each pc purchase.
As of right now, there are no monopolies in the games industry, and for the sake of the medium as a whole, they never should either.
And yet the biggest tech companies in America are essentially that. They buy up all the small comps only to kill them off and steal what they have, and if they can't buy em they bleed them to death.
They buy IPs not talent. That's why these buyouts never work and the IPs die. Right now it's too expensive to develop games - but I expect that to shift maybe as AI tools can make it easier. The best games have been indie games for awhile as big developers fuck their ips to death with "games as a service" -
Microsoft will have sold more 360s in roughly 75% of the amount of time they sold that many consoles for the original Xbox. Not bad for them being the new kid on the block.
congrats MS, now if we could just get the 360 and ps3 selling better than the Wii so companies would stop making shovel ware and make great games . . . wait . . . what am I saying? I can't even afford the games I want this month! There are so many!!!