Google throws their hat in the console ring

[eva01beserk]

3sexty said:

eva01beserk said:

Just like it wrked so well for MS.

I don't know where this notion that if  a company has money is willing to just give billions away. Especially not if profits are maybe 5-10 years away.

How is it not working well for them?  Last quarter earnings for MS indicate increased gaming and subscription based revenue. And certainly moving forward as internet speeds ramp up across the world streaming based gaming will become mainstream with servers (cloud based) doing all the heavy lifting. Google would be smart to ready themselves for the future. - as should all savvy companies.

The point of what I said is that MS did give billions away in hopes of probable future returns in investments. AT no point am I saying the future cant be all digital, or even streaming, which I would hate. WHat Im saying is that no company will give a product for almost free and take a huge loss just to increase the intallbase. That is just crazy. Investors would not allow that.