Archaic101
Member
I'm sure many of you here know this, so just blow this thread off if you already have this context...
Much has been made of MS's embarassments lately: sagging XBX and XBS sales in Europe, the critical disappointment that is Starfield, the protracted legal battle to (perhaps?) overpay for Activision, the interview snafus of Phil Spencer, etc. And all of the criticism is valid, to one degree or another, imho.
But one thing that is needs to inform every single "Xbox is crumbling" opinion is...MS wields wealth beyond any degree any other player in the gaming industry can possibly engage with.
MS's annual net income, as reported at the end of September, was 72 billion dollars.
72. Billion. Dollars.
For context, that is more than ExxonMobil (51 billion), more than Amazon (20 billion), more than Walmart (11 billion) and more than Disney (2 billion). And even more notable, it was up more than 10% over last year.
By contrast, Nintendo's net profit was $3 billion. Sony's was $6 billion.
Now I'm sure that they don't like their gaming division losing money or making big public mistakes. But guys....72 billion dollars. I mean...Xbox is nothing to them.
Anyway, I'd always known they were rich, but I enjoyed getting some perspective on the bigger (and more 2023-oriented) picture. I don't have any particular dog in this race; I just hope this thread is useful/interesting to some of you here.
Much has been made of MS's embarassments lately: sagging XBX and XBS sales in Europe, the critical disappointment that is Starfield, the protracted legal battle to (perhaps?) overpay for Activision, the interview snafus of Phil Spencer, etc. And all of the criticism is valid, to one degree or another, imho.
But one thing that is needs to inform every single "Xbox is crumbling" opinion is...MS wields wealth beyond any degree any other player in the gaming industry can possibly engage with.
MS's annual net income, as reported at the end of September, was 72 billion dollars.
72. Billion. Dollars.
For context, that is more than ExxonMobil (51 billion), more than Amazon (20 billion), more than Walmart (11 billion) and more than Disney (2 billion). And even more notable, it was up more than 10% over last year.
By contrast, Nintendo's net profit was $3 billion. Sony's was $6 billion.
Now I'm sure that they don't like their gaming division losing money or making big public mistakes. But guys....72 billion dollars. I mean...Xbox is nothing to them.
Anyway, I'd always known they were rich, but I enjoyed getting some perspective on the bigger (and more 2023-oriented) picture. I don't have any particular dog in this race; I just hope this thread is useful/interesting to some of you here.
Last edited: