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Xbox + Microsoft FY24 Q3 Results: Total Gaming +51%, Content and Services +62% Hardware -31%
Alebrije
Member
bender
What time is it?
If he has been doubling down for a decade...
We've seen a whole lot of nothing (sales).
GHG
Member
If he has been doubling down for a decade...
Phil while he cooks up his business plans:
The acquisition bringing in the dough
nosoynadie22
Member
It has always been this way for Phil Spencer and Microsoft, the future is bright for Xbox!!. 2025 is going to be the best year for Xbox, then they will surpass it in 2026, in 2027 they will break all industry records to date, then when you least realize it they will reach 200 million consoles sold in 2028.
We have a winning strategy, we have confidence in ourselves, the success of the Xbox brand is imminent it just hasn't materialized yet.
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rm082e
Member
They're not. The Xbox business is in terminal decline. At this rate they'll be lucky to sell 35 million Xbox Series S/X consoles before they end production. 360 sold 86 million, Xbox One sold 59.5, and now Series S/X will probably hit just over half of what the XO sold.
ABK being absorbed into Xbox doesn't make any of the Xbox numbers any better. And it looks like ABK declined compared to their numbers a year ago.
Anything coming up that can maybe lift these numbers in the next quarter?
ulantan
Member
Hellblade.
Daniel_Mallorca1985
Member
rm082e
Member
During the holidays last year they had Starfield as their big console exclusive. They had plenty of hardware in stock at major retailers, and I think they funded some crazy sales ($200 S and $400 X), but it didn't bend the curve one bit. If you look at the sales numbers, they just keep going down and down each month. They're selling way less at this point than the Xbox One did during the same point in it's life cycle.
Does Indiana Jones really look like it's going to get people excited and move millions of consoles? Or maybe getting this year's COD game on Game Pass?
They needed a steady stream of big exclusive games that gave them a brand identity and get people excited. They didn't get that 8-9 years ago, and they decided to pivot away from relying on exclusives. That was a decision that essentially sealed their fate. We're just watching them run out the clock until Xbox is retired and all the game development is consolidated under the Microsoft Game Studios branding.
Topher
Identifies as young
Have you seen any signs that Hellblade will move units?
thicc_girls_are_teh_best
Member
They are likely definitely not making a traditional console next gen. Too many signs to ignore there.
There will be hardware next-gen, but not as a console. Think PC handheld, mini-PC/NUC style gaming systems packaged with & optimized for Windows builds with a console-like Xbox UI on top. With OEMs licensing their own variants, based around some standardized console-like spec blueprint.
That is the only real future Xbox has now in hardware aside from controller peripherals.
Yeah, and that's probably a best-case.
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ulantan
Member
Lol...lmao
FIREKNIGHT2029
Member
He seems very happy about those sales on PS5 and Switch. Xbox is truly screwed.
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XXL
Member
This.
Selling around half of what the worst console launch in history (Xbox One) sold after spending so much money (even excluding ABK) is nothing short of a fucking disaster.
It's pretty obvious the general public doesn't give a shit about Xbox as a console anymore and no amount of doubling down is going to change anything.
I mean...they tripled down and (again) are selling half of what the Xbox One sold.
bender
What time is it?
It is really too bad they are going to stop at four games on PS.
XXL
Member
Hellblade won't even move monthly GamePass subs.
ChorizoPicozo
Member
Prophets, pundits, connaisseurs, insiders, leakers...you name it 
It's crazy how these kinds of people were and still are trying to gaslight your average Xbox fan.
Just to exemplify how rough the immediate future for Xbox really is:
Hellblade 2 has more red flags than green ones >PS5Pro Marketing/release > Their biggest games (Avowed, Indiana Jones) are at the end of the year and with high chances of being delayed. In that inter, MS can release more games on PS5. it's going to be nastier for that brand/console.
But what happens when you don't have a console to champion and then you rely solely on the quality and release schedule of games, which is already spotty at best?...I dunno man. How can a brand be this shitty and still find success in a market?
It's crazy how these kinds of people were and still are trying to gaslight your average Xbox fan.
Just to exemplify how rough the immediate future for Xbox really is:
Hellblade 2 has more red flags than green ones >PS5Pro Marketing/release > Their biggest games (Avowed, Indiana Jones) are at the end of the year and with high chances of being delayed. In that inter, MS can release more games on PS5. it's going to be nastier for that brand/console.
But what happens when you don't have a console to champion and then you rely solely on the quality and release schedule of games, which is already spotty at best?...I dunno man. How can a brand be this shitty and still find success in a market?
reinking
Gold Member
I guess Phil spoke "play anywhere" into existence. He just left off the "...except Xbox consoles." part.
S0ULZB0URNE
Member
If they want to sell xbox they must include PS5's in each box.
Unknown?
Member
So maybe only 3 million this year? Retailers are going to stop selling them.
Topher
Identifies as young
Early next gen for Xbox.
Mibu no ookami
Banned
Helllblade 2 comes out in May, so my guess is they won't do anything to actively upset Xbox fans before that.
I think we'll get an announcement of new games in June/July with releases starting in September.
ChorizoPicozo
Member
early next Gen means extended cross Gen. cuz I dunno who is making Next-Gen games for a Next-Gen system when we are still Cross-Gening this generation.
THE DUCK
voted poster of the decade by bots
Some would say more realistic. What exactly about what MS has done over the past 20 years with xbox that makes you think they are more intersted in immediate profit vs long term market share? I would contend almost nothing, in fact the opposite, they have spent even more money on it.
SmokedMeat
Gamer™
Brand new model being released for Xbox fans.
reinking
Gold Member
If they release another traditional console, I don't see how it helps. Like everything Xbox, there is a lot of confusion about what the next console is actually going to be so maybe there is hope they release something less traditional.
demigod
Member
They can all afford PCs now after not buying games.
THE DUCK
voted poster of the decade by bots
VR market tiny and low margin (yes even today). Gaming market huge and way more potential for profit. Easy decision. There will be some convergence down the line, but it's a long way away. And if you are in a good position in the gaming market, it puts you there for VR too when the time is right.
Woopah
Member
Do looks like gaming revenue without ABK will decline in the single digits.
nial
Member
Topher
Identifies as young
No, they have to do something completely different.
Varteras
Member
Jesus. They had to spend $70 billion to buy a successful company, built up by the guy they booted out, just to have any positive financial news for a 20-year old gaming division. News that still doesn't paint a pretty picture for their platform.
To put a finer point on that, neither game is in any way, shape, or form receiving the same level of anticipation as Xbox games that already came, went, and didn't have any significant impact.
LordCBH
Member
Honestly a shame how they’ve run it into the dirt. I like the hardware they put out. The 360 was great. The One X was excellent, and I think the Series X, as far as hardware goes, is great too. Hate how much they whiffed in terms of everything else after like 2009 or 2010 though.
ChorizoPicozo
Member
I think there are like 10 or 12 games that we know Xbox is working on. Only 2 (Fable and Project Dark) have this massive 'AAAA' level of production and expectations. The issue is: We know Project Dark has had a troubled development as well as some rumors for Fable too (engine issues, inexperienced studio at the RPG genre). Is Gears going to be a soft reboot like GoW 2018. That IP has become stale....Right here...this is Xbox's entire generation.
and I dunno why, but I have this feeling that a couple of those games (Contraband and Project dark come to mind) could get canceled.
Right now Xbox´s future is crystal clear to me. After the next 4 years Xbox is going to consolidate internally and just follow the Minecraft model. yeah sure, they will make a new game here and there, but that's it.
Crayon
Member
You will get something with an xbox logo on it and love it. Whether it's a handheld pc or a showbox full of bottle caps. Whatever it is, it's specifically for you and it's probably expected to sell even less than the series.
MDSLKTR
Member
Indiana Jones about to get a strategic delay.
HeWhoWalks
Gold Member
It's actually a legitimate question and it speaks wonders that you have no answer for it. I'm excited for the game, but it is not going to do anything significant for the Xbox platform. A new Gears is another story.
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ulantan
Member
Oh I know I'm fucking around lol
Hawking Radiation
Member
I ask myself this same question every single day I log onto GAF and see the words Xbox anywhere in any thread title or post.
Every. Fucking. Day
That hardware decline is biblical. At this rate they'll be packing in a Series X console with a box of Fruit Loops.
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