SKMBlake said:
EpicRandy said:
None of the statement above are mutually exclusive and actually PR statement can actually be used in legal context. Statement like "Xbox is doing fantastic" is just an opinion and Xbox profits status does not make it wrong either. However statement like "GamePass is profitable" is factual in nature and can have direct consequence on stock value if the statement is false then MS may get into trouble for this with both the SEC and investor. Just ask Elon Musk in learned (not really cause of extreme narcissism) the hard way. |
Yeah he said "it's profitable for us", whatever that means. |
Well with this statement:
- An investor or wanna be investor might reasonably think that GamePass is profitable
- It is unreasonable as an investor or wanna be investor to take this statement as GamePass not actually being profitable.
So the statement is clear enough that for it to be judged as factual in nature.
We also have older news from 2020 where MS clearly stated that GamePass was "not profitable at the moment" so it add weight to those statement being accurate.
2020
2022
