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Management’s goal of 30% profit margins for gaming has led to job losses, canceled projects

  • FreedomAdvocate@lemmy.net.auEnglish
    11·
    6 days ago

    with their dominant gaming position

    If only Microsoft ever had that position. They’ve been distant third since the Switch 1 came out, distant second from day 1 of the PS4.

    • woelkchen@lemmy.worldEnglish
      21·
      6 days ago

      If only Microsoft ever had that position. They’ve been distant third since the Switch 1 came out, distant second from day 1 of the PS4.

      Wrong. You confuse the Xbox console with Microsoft’s overall position as game publisher which includes all of Activision-Blizzard-King, Bethesda, Minecraft, Halo, Forza,… across multiple platforms.

      • FreedomAdvocate@lemmy.net.auEnglish
        11·
        6 days ago

        You’re confusing the word “dominant”. They’ve never been even remotely close to being dominant in gaming.

        • woelkchen@lemmy.worldEnglish
          1·
          5 days ago

          You’re confusing the word “dominant”. They’ve never been even remotely close to being dominant in gaming.

          Look up the revenue numbers. Nobody else comes close. Minecraft alone with its different editions is massive.

            • woelkchen@lemmy.worldEnglish
              21·
              2 days ago

              Sony easily beat them lol.

              PlayStation consoles beat Xbox consoles but that’s not the whole gaming market. Microsoft and their subsidiaries publish games for PlayStation, Nintendo, iPhones, Windows,… This is really not hard to understand.

              Did you even look up the numbers?

              Yep, revenue numbers from when ABK was still independent, user numbers of the various Minecraft editions, etc. All public information easily to find for any person with basic media competency.

              Articles like https://www.videogameschronicle.com/news/microsoft-was-the-no-1-games-publisher-in-the-world-last-month/ are really easy to find.

              • FreedomAdvocate@lemmy.net.auEnglish
                11·
                2 days ago

                Now go look at both companies total gaming revenue for the whole year, not just the month that the biggest game of the year releases.

                PlayStations revenue is about 50% more than Xbox’s.

                • woelkchen@lemmy.worldEnglish
                  11·
                  2 days ago

                  PlayStations revenue is about 50% more than Xbox’s.

                  Minecraft, Bethesda, and Activision Blizard are not part of Xbox. They are separate publishing arms within Microsoft. How is that so hard to understand? How can one not grasp such a simple thing?

                  • FreedomAdvocate@lemmy.net.auEnglish
                    11·
                    2 days ago

                    How is that so hard to understand? How can one not grasp such a simple thing

                    The irony of this is just incredible.

                    Their revenues are all included in Xbox’s revenue lol. Have you ever even read one of Microsoft’s earnings reports? Doesn’t look like it. If there was a “confidently incorrect” community on here your comments would be pinned to the top lol

                    https://www.tweaktown.com/news/96558/big-3-revenues-compared-playstation-made-30-billion-in-2023-xbox-18/index.html

                    Now that Sony, Microsoft, and Nintendo have all published their holiday earnings reports, we can compile the data and get a total sum for the entire year. According to data provided by the companies and analyzed by TweakTown, gaming’s Big 3 generated over $60 billion in combined annual revenues.

                    PlayStation leads the charge with a staggering $30.12 billion made during the year.

                    Microsoft is firmly in second place as Xbox tallies up to a mighty $18.128 billion. This of course includes Activision Blizzard King revenues as a result of the ABK acquisition. Xbox gaming revenues increased by 16.5% in 2023, compared to $15.563 billion in 2022. This is an increase of $2.56 billion, most of which was from the recognition of Activision’s revenues.

                    Show me ONE source showing that Xbox makes more revenue than PlayStation. Just one.