|binary solo said:
1) There is no if about it. Xbox has been a financial disaster for MS. All of the data is out there.
2) Whether the others have yet is not the point. One of them (Or someone else) very well could make an awesome console family if MS left room for a new competitor. This is all hypethetical of course, but here is what we do know:
-MS hasn't been successful
-Others could be
Let's find out!
The tone of this post would suggest that you are dissappointed that Microsoft is still in the gaming business. I am interested to know why. Also your statement that the gaming division is making disasterous losses is just false. The division has made a profit for the last 3 or so years and the statements from MS outline this. This is of course on top of the insanely huge profits the overall company is making and pales in comparison of course. What is the source for your contrasting beliefs. Please don't tell me it the same Forbes blogger that has been disproven on this site many times already. The profit and loss statements from MS should be the official source that people should be quoting. But of course some people just don't want believe this as it goes against there own agenda. Also I think you should get used to the idea that xbox is here to stay whether you like it or not. MS have committed to it and as you will note the recent competitive measures (and great turnaround numbers) being undertaking by them is testament to this. Also you need to remember that Sony only recently started making money on the gaming side of things thanks to the great success of PS4. You should consider that the Sony shareholders have been extremely patient. MS shareholders on the other hand are just raking it in with or without xbox.
Just as well that wasn't the statement he made then. He said Xbox has been a financial disaster. Somewhat exaggerated but the essence of it is true. Across the 3 generations the net financial effect on Microsoft has been negative. That the devices division has been profitable is down to other products in that division. 360 was for sure profitable on an annual basis for MS for a few years, but not long enough to make up the losses before and after. Now MS is giving away 3rd party games as well as cutting the price of Xb one. No way Xb one is making MS any profit this year. But the losses will be hidden from the public because the division will make profit eslewhere.
Damn I edited my post just as you replied. That will make me look a little unconsidered ! Oh well in any case haven't the last few profit assessments attributed profit to Xbox live as well. And certainly how far back do we go to suggest that something wasn't profitable when these sums would have been written off. The last couple of years would be a fairer indicator as to how a product is travelling. And then if you say that the losses are being masked by the success of other devices and services, what proof do we have of this if it is being hidden from the public. I guess I can only go on what is revealed on the profit statements in the absence of anything more constructive.