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[T_T]

Disclaimer: Executive pay targets aren't an actual business plan. Nadella's goals don't necessarily indicate the numbers Microsoft needs its divisions to hit to be successful.

For 2023, the portion of Nadella pay relating to Xbox content and services revenue, was tied to a growth target of 4.4%, but the division achieved growth of 0.7%, when adjusted for currency exchange rates.

Satya Nadella's performance incentives for the 12 months ending June 30, 2023, did not include a specific target for Xbox Game Pass subscriber growth, after that metric was included as a component in recent years.

Other sections of Nadella's performance-based pay came closer to their targets or exceeded them, as was the case with goals tied to total LinkedIn sessions and growth in Microsoft Teams usage.

Game Pass subscriber growth exceeded Nadella's pay target for the popular all-you-can-play service in 2020 but fell short the following two years.

• In 2022, the Nadella pay target called for 73% growth for Game Pass but it achieved growth of 28%.
• Microsoft said in January of last year that Game Pass had 25 million subscribers.

AXIOS link, headline #3

 

[Interfectum]

 

[Shambala]

 

[jm89]

1164 days till judgement day

 

[Tiago Rodrigues]

Game Pass keeps missing all MS's expectations. What else is new?

This lack of news following Starfield release is also...weird to say the least.
It's been almost 2 months and all we got was the number of people that downloaded the game and hit "New Game" basically.

This was probably the big huge test for the service and you'd think they would be doing plenty of PR statements if GP numbers had increased as intended...but so far nothing.

 

[Nankatsu]

Big acquisitions in order to hide the real problems.

 

[Shane89]

that's what happen when you release free games for everyone. happy consumers, not so happy revenues

 

[Three]

that's what happen when you release free games for everyone. happy consumers, not so happy revenues

They didn't just learn they release games on a subscription. They missed their own set targets. That means the consumers weren't as delighted as they thought they would be with the sub and content.

 

[legacy24]

LMAO

 

[analog_future]

Important to note that the Activision Blizzard acquisition went through at least 6 months later than Microsoft was anticipating as well.

I'm sure those projections anticipated acquiring ActiBlizz much sooner.

 

[adamsapple]

The final calm before the ABK revenue storm.

 

[Mownoc]

Important to note that the Activision Blizzard acquisition went through at least 6 months later than Microsoft was anticipating as well.

I'm sure those projections anticipated acquiring ActiBlizz much sooner.

The projection is way too low to be lumping Activision Blizzard acquisition into it. Not a chance.

Activision made $2.3 billion in revenue just the last quarter. That means with just that one quarter revenue would have grown 12% instead. Triple the growth they were projecting.

 

[FrankWza]

They must be BUGgin out over there.

 

[Horseganador]

A disaster of results after an investment of billion$.

 

[F0rneus]

Important to note that the Activision Blizzard acquisition went through at least 6 months later than Microsoft was anticipating as well.

I'm sure those projections anticipated acquiring ActiBlizz much sooner.

This and plus they are moving towards the mobile market, which will make them a powerhouse. Doom and gloom is too soon.

 

[Elysium44]

I joined game pass for £1 for 14 days recently so there's my contribution.

 

[Flash Junkins]

I don't know why anybody actively roots against MS or Sony. It perplexes me.

 

[prinz_valium]

Oh. Finally a good OP with the right disclaimer in front.
Nice

 

[DeltaPolarBear]

I don't know why anybody actively roots against MS or Sony. It perplexes me.

You can root against business practices you don't like or work against you. For example, most people hate Konami. It isn't about the company, it is about what they aim to do. I see Streaming as going back to the bad old days when you can only play what developers allow you to play. I don't want to relinquish control over what i play, i don't want someopne else being able to take away my right to own games. MS already make it impossible to own Windows, so clearly they also don't want you to own games either.

 

[Duchess]

I joined game pass for £1 for 14 days recently so there's my contribution.

 

[Negotiator101]

1164 days till judgement day

That's a lot of days.

 

[Heisenberg007]

In 2022, the Nadella pay target called for 73% growth for Game Pass but it achieved growth of 28%.

 

[Tams]

 

[Negotiator101]

I joined game pass for £1 for 14 days recently so there's my contribution.

How did you like it?

 

[Flutta]

Phil already regrets that 10 year COD deal with PlayStation

 

[Heisenberg007]

Game Pass keeps missing all MS's expectations. What else is new?

This lack of news following Starfield release is also...weird to say the least.
It's been almost 2 months and all we got was the number of people that downloaded the game and hit "New Game" basically.

This was probably the big huge test for the service and you'd think they would be doing plenty of PR statements if GP numbers had increased as intended...but so far nothing.

Not just Starfield-related news, Xbox also hasn't announced what their next game is and when it is releasing.

There are literally 0 games with an official release date as of today.

 

[NEbeast]

The final calm before the ABK revenue storm.

You said the same about starfield.

 

[Thick Thighs Save Lives]

Guess it's time to renew my PC Game Pass as FM24 is just around the corner and I can't be arsed to play that on my PS5 lol.

 

[adamsapple]

I don't know why anybody actively roots against MS or Sony. It perplexes me.

 

[Pelta88]

Nadella when he sees the Starfield, Forza, and Redfall numbers.

 

[Heisenberg007]

Important to note that the Activision Blizzard acquisition went through at least 6 months later than Microsoft was anticipating as well.

I'm sure those projections anticipated acquiring ActiBlizz much sooner.

The projection is way too low to be lumping Activision Blizzard acquisition into it. Not a chance.

Activision made $2.3 billion in revenue just the last quarter. That means with just that one quarter revenue would have grown 12% instead. Triple the growth they were projecting.

What Mownoc said. Also, Microsoft recently lumped all XBLG subscribers into Game Pass -- which is expected to be around ~5-10M.

Even if we account for just those 10 million, that's a 20-40% growth.

 

[Flabagast]

Don't worry, the true start of Xbox prime will come in 2020 2021 2022 2023 next year for sure !!

 

[Banjo64]

I joined game pass for £1 for 14 days recently so there's my contribution.

 

[Tiago Rodrigues]

Not just Starfield-related news, Xbox also hasn't announced what their next game is and when it is releasing.

There are literally 0 games with an official release date as of today.

I mean...neither does Sony. Even Nintendo announces dates close to release now.
That's how things are nowadays.

 

[adamsapple]

Not just Starfield-related news, Xbox also hasn't announced what their next game is and when it is releasing.

There are literally 0 games with an official release date as of today.

We know they have at least 3~4 games confirmed for calendar year 2024.

You have a real way with words turning anything Xbox into 10x more negative than it is

 

[Mownoc]

I mean...neither does Sony. Even Nintendo announces dates close to release now.
That's how things are nowadays.

Helldivers 2 is coming Feb 8th 2024.

 

[Tiago Rodrigues]

Helldivers 2 is coming Feb 8th 2024.

I always forget that game since it's being developed by a 3rd party studio, even if it's a 1st party IP released under the PS studios branding.

 

[The Fuzz damn you!]

Disclaimer: Executive pay targets aren't an actual business plan. Nadella's goals don't necessarily indicate the numbers Microsoft needs its divisions to hit to be successful.

Just quoting this bit for you, because half the people here seem to have missed it.

This is a disappointment, sure, but hardly a sign of Xbox's imminent demise.

 

[RoboFu]

It's all a ruse for ABK cases.

 

[Giallo Corsa]

They must be BUGgin out over there.

 

[mejin]

You said the same about starfield.

Cause that's what people do: move the goalposts.

Rinse and repeat.

 

[LordCBH]

Guess now they'll say they have to buy EA because "we can't compete."

 

[ReBurn]

Phil already regrets that 10 year COD deal with PlayStation

Not likely. Deals like that are what's going to help him hit revenue targets in absense of organic growth. I wouldn't be surprised if Microsoft isn't looking for more acquisition targets to force growth in the segment.

 

[NEbeast]

Cause that's what people do: move the goalposts.

Rinse and repeat.

A broken clock is right twice a day.

 

[Heisenberg007]

I mean...neither does Sony. Even Nintendo announces dates close to release now.
That's how things are nowadays.

Sony has Helldiver 2 as their next game, releasing on Feb 08, 2024.

 

[Heisenberg007]

We know they have at least 3~4 games confirmed for calendar year 2024.

You have a real way with words turning anything Xbox into 10x more negative than it is

Do we know what their next game is and its release date?

 

[adamsapple]

Do we know what their next game is and its release date?

Yes. Avowed, Flight Sim '24, Hellblade 2, Towerborne are all scheduled for calendar year 2024.

 

[Heisenberg007]

Yes. Avowed, Flight Sim '24, Hellblade 2, Towerborne are all scheduled for calendar year 2024.

No. Which one is the next game? Is Hellblade 2 coming first, or is Avowed? And the release date?

That's what I'm asking.

 

[Pelta88]

You said the same about starfield.

I had to unblock the post to confirm, but I already knew who the response would be to.

 

[adamsapple]

No. Which one is the next game? Is Hellblade 2 coming first, or is Avowed? And the release date?

That's what I'm asking.

There's a stream tomorrow and another show with dates and stuff in December, we will know.

But to the greater point, we know of multiple games with an official release date of 2024, not literally 0.