Microsoft earnings thread: Revenue and Profits higher than expected. XB1 HW Revenue down 29% from last year

darkenergy

Currently Offline

15,546

2986 posts since 11/06/13

Recent Badges:

Ride Into the Sunset Managed to avoid being banned for 3 months.
Mighty Heart Logged in on Valentine's Day.
Open For Business Earned 10 badges.
First Rung Of The Ladder Earned 10,000 gamrPoints
Social Butterfly 50 friends on gamrConnect.
Drake's Diary 100 status updates.

darkenergy on 20 July 2017

AngryLittleAlchemist said:

darkenergy said:
Man, there is a reason why MS is the third most valuable company in the world and each quarterly results show that.

are the first 2 google and apple?

Yes

LudicrousSpeed said:
Hasn't the Xbone sales dropped off a ton this year? They must make a killing on gaming services.

That might be because there are people waiting for the X console and maybe MS ended production of the 360.

Proud to be a Californian.

barneystinson69

Currently Offline

58,043

4379 posts since 01/01/16

Recent Badges:

Breaking Out Managed to avoid being banned for 1 year.
Don't Forget To Save 10 status updates.
Watch Your Back! Received 10,000 profile views.
Hit And Run 15 comments posted on VGChartz news articles.
Making Progress Earned 50,000 gamrPoints
3 Years Has been a VGChartz member for over 3 years.

barneystinson69 on 20 July 2017

Ruler said:

good news for people who own MS stocks, which is only kowenicki

I bought MS when it was in the mid 20s. Really happy I've held on since then.

Made a bet with LipeJJ and HylianYoshi that the XB1 will reach 30 million before Wii U reaches 15 million. Loser has to get avatar picked by winner for 6 months (or if I lose, either 6 months avatar control for both Lipe and Hylian, or my patrick avatar comes back forever).

barneystinson69

Currently Offline

58,043

4379 posts since 01/01/16

Recent Badges:

A Badge Within A Badge Earned 20 badges.
Harvest Time Logged in at the start of Spring.
Making Friends 10 friends on gamrConnect.
Site Veteran Has been a VGChartz member for over 5 years.
8 Years Has been a VGChartz member for over 8 years.
1st Birthday Has been a VGChartz member for over 1 year.

barneystinson69 on 20 July 2017

http://www.cnbc.com/2017/07/20/microsoft-earnings-q4-2017.html

"Xbox HW revenue down 29% from this quarter last year". Given the Xbox One is 50$ cheaper this year, a good chunk of that drop can be associated to that. But that still means the XB1 is down doube digits for the year (which certainly isn't good). Hopefully the Xbox One X can help with sales during the holidays.

Made a bet with LipeJJ and HylianYoshi that the XB1 will reach 30 million before Wii U reaches 15 million. Loser has to get avatar picked by winner for 6 months (or if I lose, either 6 months avatar control for both Lipe and Hylian, or my patrick avatar comes back forever).