He said:. The gaming world is growing faster than ever before from gameplay across multiple devices, to the explosive growth in streaming and eSports, to new subscription services and mixed reality scenarios…We launched…new services Mixer and Xbox Game Pass to broaden our reach and enrich our gaming experience, both of which are off to a very strong start. This is great news for the company as well as Xbox One owners because this means that jow is a division which is here to stay. There was also divisoin rumor that said Microsoft had cut funding to the Xbox division. This was also discredited by Phil Spencer. Xbox is here to stay so everyone should get used to it.
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Compare this with closest rival Nintendo, which made just shy of half a billion dollars profit in the year to March 31 — and expects a billion dollar profit in the current financial year. Of course, Microsoft has arguably never needed to make money out of the Xbox, only to establish itself as a market player. However, it’s questionable whether the company ever anticipated just how much money it was going to have to spend in order to build market share in the games industry. With losses on the Xbox running into multiple billions of dollars, and the company still owning a global market share of the home console market that’s slightly behind Nintendo’s albeit certainly leading the GameCube in North America , the console may have been an important stepping stone for Microsoft’s console ambitions, but the cost of building that stepping stone must surely have been enough to make even the cash-wallowing beancounters of Redmond blanch. Enter your email address. Latest comments. Sign in to contribute Email address Password Sign in Need an account? Register now.
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Microsoft today reported earnings for its fourth fiscal quarter ended June 30 , and the results show the company’s gaming business enjoyed a year of significant growth. However, Microsoft couldn’t take all the credit. The other key metric Microsoft reports for its gaming business is Xbox Live active users. The fourth quarter saw 57 million active users on the service, which is up from the previous Q4’s 53 million, but slightly off the 59 million it posted for Q2 and Q3 of this year. Bowing out of launch exclusives for Xbox Series X means Microsoft is now fully committed to the bold vision it’s talked about for so many years. Enter your email address. Microsoft goes all-in on the ‘evergreen platform’ Bowing out of launch exclusives for Xbox Series X means Microsoft is now fully committed to the bold vision it’s talked about for so many years By Rob Fahey 5 days ago. Latest comments.
PhatSaqs said:. Key Takeaways Fortnite is the most popular battle royale game world wide, and generates huge revenues even though it’s offered for free by developer, Epic Games. However, in the very next reporting cycle it relinquished that as well to FIFA 19 , further proof of its reversion to the mean, albeit at the upper end. MS has lost billion on Xbox. By any measure, it has been a huge success. This drop off in revenue could just be a one-of occurrence or could signify something more alarming for Epic Games. Massive brawl breaks out at college hoops game. So far, the foray into esports has not translated into real value, and Epic Games has not indicated that it will adopt a more traditional business model. Company Profiles. Jun 8, 0 0. Jun 6, 6, 0 0.
Ever wonder where the tech titan’s fat profits come from? Look no further.
You just need to put some effort in it and youll easily make a killing selling it all. Kyle «Bugha» Giersdorf, a year-old from Pottsgrove, Pa. Jun 7, 40, 0 0. Coronavirus is in the U. Warm Machine Member. Yes, MS has lost a lot, but they make so many billions more on profit from their software. I’m suddenly wondering about those early stories of software developers who got piles of cash to develop games, then went to publish the games on multiple systems.
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Menu Menu. Search Everywhere Threads This forum This thread. Search titles. Search Advanced search…. Everywhere Threads This forum This thread. Search Advanced…. Log in. NeoGAF Gold. Hey, guest user. Hope you’re enjoying NeoGAF! Have you considered registering for an account? Come join us and add your take to the daily discourse. How much money has MS lost on the Xbox? Thread starter EmSeta Start date Aug 19, Forums Discussions Gaming Discussion.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding. EmSeta Member. Jun 8, 3, 3 1, This is not intended as trolling. I’m very curious. Shogmaster Member. Jun 11, 16, 0 0. Probably more than all the money Sony has made with the PS2.
Jun 18, 49, 0 1, Didn’t MS lose 1 billion dollars in their Xbox division in the first quarter of the fiscal year?
DDayton more a nerd than a geek. Jun 8, 14, 0 0 www. I thought MS’s quarterly reports were out not that long ago I didn’t think MS was trying to hide that state of affairs Jun 6, 4, 0 0. Jun 8, 0 0. Alcibiades Member. Jun 6, 5, 25 1, texas. Shogmaster said:. MetatronM Unconfirmed Member. Jun 7, 40, 0 0. All I know is Microsoft has lost more money on the Xbox than I will ever hopeto see in my lifetime.
And that’s considered a smashing success. Step One: Sell systems at a loss. Step Three: Profit. Blimblim The Inside Track. Jun 8, 17, 15 1, As far as I understand it they more or less pay the same price for these parts now compared to 3 years ago.
I know they managed to get the price down a bit with nvidia after a rather painful lawsuit, maybe it’s the same with the hard drive manufacturer but I’m still quite sure they pay waaay too much for this. I did not hear anything about the CPU, but I’d not be surprised if it was also the case their. I find it a bit funny to think MS is being ripped off like that, refreshing in fact. MightyHedgehog Member. At least that money is being spent out into the marketplace.
Money’s not really worth anything until it’s spent or traded hands. I’d guess at 3billion, including Live. MightyHedgehog said:. I don’t own MS stock, so I couldn’t care less about their financial standing with investment bankers and shareholders. We’re talking about MS, anyway Man, you read my original post completely wrong, I think.
I wasn’t saying anything was necessarily good Someone always benefits from money being used. I am not, in any way, trying to say anything.
Holding onto cash doesn’t remove its value, and I’d find it hard to believe that any businessman would find the notion that MS was better off spending cash simply to make sure that the cash was «spent or traded hands» to be a wise one.
Few investment bankers would see a policy of «spending for the sake of spending» to be a sound one, and that’s the policy you seemed to be backing. DavidDayton said:. Oh, I see! Well, yes, lots of people benefit. MS doesn’t, and that was my only point I’m suddenly wondering about those early stories of software developers who got piles of cash to develop games, then went to publish the games on multiple systems. Jun 7, 4, 0 0 Bremerton, WA.
That said, it could be billion for Microsoft, but I’ve also heard as low as 2 billion though that may have been for marketing or XBox LIVE or something Jun 8, 12, 4 0 New Jersey. MS has lost billion on Xbox. PhatSaqs Banned. Jun 7, 15, 0 0 www. Whatever the is it’s hardly a scratch on the MS candy painted Hummer. More like a fly hitting the windshield. How about guesstimating how much they’ve made from software sales, peripherals, etc.?
Jun 9, 3, 11 1, It’s not so much a loss as it is an investment They lost over 4 billion last fiscal year. It’s probably up around 10 billion how much money does the xbox division make in profit this point, LTD.
Jun 8, 7, 1 1, PhatSaqs said:. I have no idea as i am, and probably will forever remain, a newb at these types of discussions. I always thought that when people talked about the loss numbers, they were referring to net loss, so any revenue from software. EmSeta said:. Jun 15, 18, 0 1, Step Three: Continue losing money.
It’s all in. Jun 6, 2, 0 0 www. GSG Flash Nobody ruins my family vacation but me Jul 7, 14, 0 0. Jun 14, 14, 33 1, Austin. Yes, MS has lost a lot, but they make so many billions more on profit from their software. That’s because they rushed Xbox’s design. Tritroid Member. Jun 6, 3, 47 1, 37 Kentucky. IJoel Member. Jun 6, 6, 0 0. Jun 6, 25, 1 0. Yes because creating an unsustainable, loss taking, false market is just what this industry needs.
Warm Machine Member.
We have recently upgraded our technology platform. Due to this change if you are seeing this message for the first time please make sure you reset your password using the Forgot your password Link. Popular Business. Yet, surprisingly enough, consoles are not a great source of revenue for Microsoft. As coes result, Microsoft takes a significant loss on each console sold.
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Despite the initial loss, Microsoft covers the hit with their Xbox Live service. The Xbox Store allows users to purchase games, music, movies and in-game cash and items. Microsoft is taking its fair share of hte sum. Despite disappointing console revenue, CFO Amy Hood has insisted that Xbox is a multi-billion dollar business that turns a profit every year. Microsoft has never released exact figures for the Xbox division. Sony net worth: The real story behind the brand. Remember me. Don’t have an account? Xbox net worth: Are video games losing Microsoft money?
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