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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The Steam Machine is the start of an even more expensive future for game consoles
… In a blog post, Valve explained that one of the reasons for the current price is because it’s not using a typical console pricing model. “We think of Steam Machine as an extension of PC gaming, not as a console,” the company says. “The traditional console model is to sell hardware at a loss and mak… …
Xbox and PlayStation have to prove they’re worth their new price tags
… Yes, it has had to contend with price hikes like everyone, both for its hardware and its Game Pass subscription service. …
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 warns of a ‘reset’ as it prepares for layoffs
… Memory costs have followed a broadly similar trajectory.” They said that “we need a new business model and partnerships for hardware as we remain committed to Helix.” Sharma and Xbox strategy chief Matthew Ball have been hinting at “radically different” console business models this week, and the me… …
With GTA looming, consoles are getting expensive at the worst possible time
… If you don’t already own the right hardware, playing the next Grand Theft Auto is going to be a very costly proposition. …
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
… 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… …
If Microsoft sold off Xbox, who would even buy it?
… The entirety of Xbox, inclusive of things like its franchises, studios, and hardware business, would cost significantly more. …