Google throws their hat in the console ring

[bonzobanana]

eva01beserk said:

3sexty said:

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.

I've not read here anyone that has suggested almost free, I certainly didn't I wrote subsidized but yes many companies will play the long game running at a small profit or loss in order to ensure they are the major player in the future where very large profits will be available. Companies like Tesla are in no way profitable today but as it establishes market share in the long term it will become profitable which investors and creditors have accepted.