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Will Xbox First-Party Software Catchup to PlayStation in 2023?
It is no secret that in recent years Microsoft has made a significant investment in beefing up its internal video game software development. However, since the 2020 launch of the PlayStation 5 and Xbox Series X/S, Sony has been ahead when it comes to notable first-party software. This may be changing going forward as some big-name exclusives are scheduled to launch for Xbox platforms. As PlayStation 5 shortages ease, the new …..
Sony Game and Network Services Revenue Soars
Sony Group (NYSE: SONY) reported a 13% year-to-year revenue increase for the third quarter ending 12/31/22. The biggest increase in revenue was the Games and Network Services division which saw revenue increase 53% to ¥1,246,549 million (about $10 billion). Hardware sales of the PlayStation 5 were the biggest driver of growth for the increasing 119% as unit sales for the PS5 were 7.1 million in the quarter versus 3.9 million in the third quarter ending 12/31/21. However full game …..
Does Nintendo Have the Best Online Subscription Service?
A great deal of attention has been focused on Microsoft’s Game Pass subscription service. However, the recent Microsoft quarterly earnings show that the service does not appear to be doing much for Microsoft’s bottom line. Revenue from both Xbox hardware and content and services declined during the holiday 2022 season. This begs the question, does Microsoft’s game business model make sense…..
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