PlayStation and Xbox hardware had a tough May.
“PlayStation hardware unit sales fell to their lowest May total since May 2000, while Xbox hardware unit sales were the lowest ever recorded for a May month,” says Circana analyst Mat Piscatella. …
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Xbox is a video game console and associated ecosystem developed and marketed by Microsoft.
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Xbox exploring ‘radically different’ console business models
… All eyes are now on Valve’s pricing for its Steam Machine this summer, which could hint at the direction of Xbox and PlayStation pricing decisions.
Xbox and PlayStation have to prove they’re worth their new price tags
… Xbox, on the other hand, has more existential concerns. Yes, it has had to contend with price hikes like everyone, both for its hardware and its Game Pass subscription service. Though that recently got a rare price cut. But the main issue with Xbox is that nobody really knows what it is. …
Xbox warns of a ‘reset’ as it prepares for layoffs
… But right now, Xbox’s “current platform infrastructure is not built for the battle ahead,” Sharma and Booty wrote, saying that “we’ll evolve and rebuild our stack and look at capabilities across all of XBOX and potential M&A to help us win in hardware, PC, mobile, and streaming.” Sharma has already…
The Steam Machine is the start of an even more expensive future for game consoles
… Amid the chaos that is currently consuming Xbox, the company has been slowly teasing details of its next Xbox, codenamed “Project Helix.” But despite initially being pitched as a “premium” device that sits somewhere between a console and PC, it now seems like plans have changed due largely to prici… …
Microsoft reports sinking Xbox revenue as its cloud business climbs
… Along with declining Xbox hardware revenue, Microsoft reported a 5 percent drop in Xbox content and services as well. …
Xbox revenue drops 10 percent as Microsoft’s cloud and AI business surges
Xbox is having yet another tough quarter, as revenue from content and services like its Game Pass subscription dipped 10 percent over the past few months. At the same time, Xbox hardware sales declined 13 percent, according to Microsoft’s fourth-quarter earnings report released on Wednesday. …
Xbox is closing down Hellblade creator Ninja Theory
… The closure and negotiations follow Xbox CEO Asha Sharma and chief content officer Matt Booty warning last week of a “reset” at Xbox, laying out several challenges facing Xbox’s business — including that it had “over extended” with its studio system and the hardware component crisis is significantl… …
With GTA looming, consoles are getting expensive at the worst possible time
… Even if GTA VI was purchased by every single person who currently owns a PS5 and Xbox Series X / S, it still wouldn’t sell anywhere near that number. The PS5 has an install base of just over 90 million, while it’s estimated that Microsoft has sold around 30 million current-gen Xbox consoles. …
If Microsoft sold off Xbox, who would even buy it?
… While nothing has been confirmed, Microsoft’s recent moves make selling off the brand seem like a possible option, as New York University professor Joost van Dreunen tells The Verge. “A wholesale divestiture of Xbox remains on the table, and it looks likelier given Xbox’s struggles with rising hard… …